The impulse from early 2020 was finished at 98.45 and the corrective structure leads to a test of the low 60s, which is a confluence of 50-61.8% retracement, an important resistance level, and 161,8% A-B extension.
I expect a bounce from the yellow area, and will look for long trades if we get a solid bullish reaction.
I expect a bounce from the yellow area, and will look for long trades if we get a solid bullish reaction.
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