The market has printed a deep correction of the last weekly impulse.
The correction fibo 61.8 is already done, and we may be heading towards the 78.6
There is a clean (not yet tested) H1 breakout, where entry signals have some chance, but don't forget, we are deep into the correction, where the accumulation phase may be built up with frequent changes in direction.
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
———
Stay grounded, stay present.🏄🏼♂️
<<boost🚀 if you enjoy💚
The correction fibo 61.8 is already done, and we may be heading towards the 78.6
There is a clean (not yet tested) H1 breakout, where entry signals have some chance, but don't forget, we are deep into the correction, where the accumulation phase may be built up with frequent changes in direction.
———
Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.
———
Stay grounded, stay present.🏄🏼♂️
<<boost🚀 if you enjoy💚
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Day trader capitalizing on the expansion phases of emerging trends.
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
MORE CHARTS & FREE EDUCATION // coming soon
SUBSCRIBE 🚀 themarketflow.trading
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.