On an hourly time frame it is respecting 0.618 (golden level) of fibonnaci retracement.
Its forming a desending triangle pattern on 30 minutes time frame.
A bullish breakout may give a good move.
Its forming a desending triangle pattern on 30 minutes time frame.
A bullish breakout may give a good move.
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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.