All supposed behaviour of masses inside demand/supply areas based on signifincant support/resistance trendlines with time fibs. This chart can be used to compare with your targets.
Comment:
If the price gets closer to reddish orange zone, it'll still face quite significant resistance. However, if the price stabilizes around purple area at 0.618 level and then breaks above red downtrend line getting into greenish zone of general demand levels - I'd long.
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Comment:
