The sentiment is clearly bullish, no discussions. After a massive bullish run last week, a huge correctional move was simply inevitable. As it can be inferred from the graph, the price is wandering around the 0.5 Fib retracement level. We will wait for the price to form a nice Lower Low bottom before opening Buy positions and aiming for the previous Higher High
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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.