Pretty simply....we've attacked this level really inefficiently over the last couple of weeks. Since that big gap down, price re-filled the area, retested the volatility expansion area, and failed to recover up past the preceding wedge.
Bias is down, looking for setups on the H1.
Bias is down, looking for setups on the H1.
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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.