This graph does not look bad considering the 25 degree bullish move, however, in order to accurately build the FIBO trend channel, at least one more pivot point is required at a minimum within the uptrend
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At 4 hours timeframe, there is an upward Fibo channel with 28 degrees of inclination. Now the price is testing the lower boundary of the channel, if it can withstand and the channel does not break, the price will recover and continue the upward movement within the channel