It is expected that the resistance area will be broken and the continuation of the upward trend will be formed and will continue until the specified Fibonacci levels.
If the support area is broken, a continuation of the downtrend is possible.
If the support area is broken, a continuation of the downtrend is possible.
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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.