I can see a confluence of fibonacci extension levels 1.618 and 2.618.
The price has bounced of the 1.618 level of the bigger extension and is aiming towards 2.618 following an uptrend (above 200 ema)
The price has bounced of the 1.618 level of the bigger extension and is aiming towards 2.618 following an uptrend (above 200 ema)
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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.