Watching the resistance, of course. If we break out of it we should hit the 50% fib level before the retrace back to the resistance line (which also coincides with the 38.2 fib level) then finish up larger IHS for continued up-ward move.
Could go lower at resistance if no break. Either way, best to have a plan.
Good luck! Happy Trading.
Could go lower at resistance if no break. Either way, best to have a plan.
Good luck! Happy Trading.
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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.