In order for the trend to return to its upward path, first
It must be able to break the professional resistance to reach the level of 0.618
And after hitting the Fibonacci level, the price will fall slightly
And he will try and remember to defeat 0.618 again
Be aware that after the failure of the resistance, the price may fall slightly
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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.