A triangle pattern is expected to form within the current support range. Then the start of an uptrend is likely. If the price breaks through the 78.6% level, a continuation of the correction and downtrend is possible.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.