After a deep correction, the price has reached the Fibo range of 50 to 62, in case of the formation of a reversal pattern or momentum candlestick with capital management, it is possible to enter a long position
Note
Flooring in the Fibo 62 range
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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.