Undervalued $ARB
Could see retest of a market structure breakout from a Monthly and ATH level...
Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 mark
Would fit for a third hit on second parabolic yellow trendline
Lines up with the 0.66/0.0618 Fibs
Hits on Band 1 of anchored VWAP
Good confluence...
Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?
Thoughts?
Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 mark
Would fit for a third hit on second parabolic yellow trendline
Lines up with the 0.66/0.0618 Fibs
Hits on Band 1 of anchored VWAP
Good confluence...
Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?
Thoughts?
Note
A strong bullish Divergence on CVD and OI would make this trade impossible not to take.
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