Riding on for another 200pips
The almighty 61.8 fib has been respected and price has failed to make a new high so the correction is expected to form a lower low on the 4hr and hopefully find support on the underlying trendline. Trader discretion is advised
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.