Approaching the 1.236 extension. A dangerous pair to short, however, it is counting out like we should have a reaction from this fib level. Looking for the creation of an ending diagonal of one, or possibly 2 degrees. Potentially a larger correction down, so depending on position and price action, u might want to let some run.
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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.