I'm taking a long with a target set at yesterday's London high.
My confluences are
Since today has been quite bearish so far this is a riskier trade. The reversal has not established itself yet completely.
My confluences are
- Uptrend in the higher timeframes
- Liquidity pool at a 50% fib level
- Wick rejections at lower timeframes
Since today has been quite bearish so far this is a riskier trade. The reversal has not established itself yet completely.
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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.