Expecting a minor continuation of retracement, followed by another strong push to the downside. The 50-61.8% fib level also doubles as a strong zone for both support and resistance as the price breaks into them.
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.
