it should retrace at least ~25% to its trendline
if that trendline doesnt hold,
expect a 40-60% to the .786 fib
get your bids in at those levels if you want an entry
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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.