Price broke and closed below monthly support, however price has been in a long period of consolidation. If price stays below the 61.8 fib level I am short biased on this pair, will look to sell until the bottom of the trend line to the next level of weekly support
Note
glad I did not get the confirmation I needed to take this.. price made a false breakout
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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.