Bullish Momentum continues but a retracement is very well needed. We are currently at 2.5 STDV level and my final target is 4 STDV drawn on the chart but before we get there, I do want to see a solid retracement down.
We also pushed through that monthly FVG so retracement after such a displacement is seen very often. We will either push a bit higher first then back to FVG then to 4 STDV or retrace now, perhaps to CE of that FVH then push to 4 STDV.
We also pushed through that monthly FVG so retracement after such a displacement is seen very often. We will either push a bit higher first then back to FVG then to 4 STDV or retrace now, perhaps to CE of that FVH then push to 4 STDV.
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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.