Price closed as an indecison/doji candle on the daily timeframe at the support zone. And is also in confluence with the 61.8 fibzone. An indecision candle means that buyers and sellers are equal, however I am anticipating a reversal as price closed as a bearish pin bar (shooting star) on the 4H timeframe. A reversal may be on the way here. We will see what the market does.
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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.