AMAT waiting for completion of a Deep Crab Pattern
Entry point confirmed by historical structures
SL at 188,6% Fibo of XA leg
TP1 at 38,2% Fibo of CD leg confirmed by previous supports
TP2 at 61,8% Fibo confirmed by previous structures
Right now the market is retesting old support level. We can also see a possible hidden divergence so there's a big chance that the prices will continue falling and reach the entry point in a couple days
SL at 188,6% Fibo of XA leg
TP1 at 38,2% Fibo of CD leg confirmed by previous supports
TP2 at 61,8% Fibo confirmed by previous structures
Right now the market is retesting old support level. We can also see a possible hidden divergence so there's a big chance that the prices will continue falling and reach the entry point in a couple days
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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.