Stop loss for long and short positions marked in green and red lines. Closing above the 61,8 fib (right hand scale) I wouldn’t credit the figure anymore; price might rise then up to the top triangle line (yelow)… and we will see from there on. We’re still inside the arcs channel so price might bounce back from there to rich new lows inside, or outside the lower triangle line.
In the other hand, price closing down lower than “A” level we might see support at ~1200 (blue dotted line), or lower.
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