Here is my argument for a short term long:
1. Bottom off channel
2. Bounce off 200 EMA
3. Bounce of Trend line
4. ABCD Pattern completion
5. 618 Fib Level
1. Bottom off channel
2. Bounce off 200 EMA
3. Bounce of Trend line
4. ABCD Pattern completion
5. 618 Fib Level
Note
TP1 Reached moving SL to breakevenTrade closed: target reached
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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.