This particular set up was not the most confident. There were only 2 pieces of evidence without a significant pattern forming. However, there were impulsive legs to the upside with a healthy retracement to the monthly support and trendline. So, that was suggestive of a proper setup.
RR - 1:2.86
RR - 1:2.86
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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.