Price at area of previous Monthly/weekly low for a quick liquidity grab.
.786 retracement level
Price was previously at the bottom of the defending channel/trendline which proved to be a resistance/rejection level
.786 retracement level
Price was previously at the bottom of the defending channel/trendline which proved to be a resistance/rejection level
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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.