Having a divergence on the 1h chart, the RSI and the MACD in the oversold area pointing up, this could become a nice long scalp for the short term. Fib leve of 2 as perfect entry has been reached, I suspect a price recovery to 1 as a target, which is also the top of the order block.
Trade closed: target reached
Target reached and retraced. Scalp closed
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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.