We have seen a break and retest of the ascending channel in the 4 hour view. This has been confirmed by the 4 hour candle rejecting and closing outside. I have applied the fib to give us the target target just above the 1.618 level.
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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.