Trend Line in green is a good position for price to reverse in the bulls favor
This aligns well with the 0.786 fib line
As you can see it has broken down out of a small channel shown in the green dotted section
Weekly timeframe
This aligns well with the 0.786 fib line
As you can see it has broken down out of a small channel shown in the green dotted section
Weekly timeframe
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