DEP is forming rounded bottom pattern and is ranging at fibb 0.236 zone, just like it did in 2020 before it blasted up. RSI indicator also showing same pattern in the play. If history is repeating then we can expect strong push up with lots of volatility. Important target ranges are fibb 0.618 and fibb 0.786 (possible wick of fibb 0.886 level). There will still be a big correction to test lows (form a higher low) before we can get a try at blasting to new ATH so play it smart...
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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.