measured move to the 0.618 retracement at $8770. Bullish divergences suggest either a break up from the bear flag, or a V shaped dip. Later more likely.
Note
downward trend continuing. Testing teh 1D 400 ema now more probable.Note
target reached, 1d 200 ema reached
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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.