the retrace has to have clearance to go past the initial high, and the drive to its target.
in this case the drive to target is from daily.
a zoom out on 1H shows enough clearance
in this case the drive to target is from daily.
a zoom out on 1H shows enough clearance
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Related publications
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.