Price decided to break the previous lows and make its way south. Orders will be waiting at the respective fib levels marked on the chart. If that's the case, we are witnessing a change of structure.
Note
Price has broken level after level since we originally charted. Its clear the bearish sentiment.
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Related publications
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.