I have marked on chart two possibly reversal zones.
First in confluence with wolve wave pattern and second as a test of weekly structure / trendline.
It would be good idea to try to buy from marked areas on lower timeframes with fantastic RR and target at magneta line.
First in confluence with wolve wave pattern and second as a test of weekly structure / trendline.
It would be good idea to try to buy from marked areas on lower timeframes with fantastic RR and target at magneta line.
Note
Perfect rebound.Note
Price at key level.Watch if can break orange trendline.
Note
Breakout confirmed.We will have Santa rally.
Trade closed: target reached
Note
Time to takr profits.Huge winner.
1000 points.
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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.