Channel breakout and retouch plus measured move of prior channels indicates target level at 61.8 fib level.
Also, watch price once it reaches that area for a potential rebound.
Also, watch price once it reaches that area for a potential rebound.
Trade closed: target 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.