We have two AB x 1.272 = CDs and an AB=CD terminating within a tight PRZ right into our Support area. Whether or not one would be considering initiating a long position, anyone currently short would certainly want to be aware of the potential for reversal (or the halting of the selloff) in this area. I would be looking for divergences given that technical tools are also being utilized.
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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.