Confluences
a. Monthly/Weekly/Daily - correlated
Weekly/Daily - great momentum
b. Daily Fibonacci 38.2% (High probability due to weekly/daily momentum correlation)
c. Major key level If got rejected
a. Monthly/Weekly/Daily - correlated
Weekly/Daily - great momentum
b. Daily Fibonacci 38.2% (High probability due to weekly/daily momentum correlation)
c. Major key level If got rejected
Note
Open up a 1 position here as there's a trendline in 4H time frame
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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.