Looking for retracement after strong impulse. Good opportunity is reverse from 'supply zone' (see on chart). For potentional target we may use proection of Fibbo lines.
But on higher TF we have up_trend and correction, so, I don't exclude the continue the strong rising_trend.
Follow my ideas for new useful information
But on higher TF we have up_trend and correction, so, I don't exclude the continue the strong rising_trend.
Follow my ideas for new useful information
Trade active
Trade active
Note
last chance for 2nd 'supply zone'Trade active
successful chance )
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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.