It could be the perfect timeing for the next short-term wave up. If we break above the Fibonacci resistance, the uptrend trend might become very strong.
Note
Alternative buy trade setup 
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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.
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.