After a big impulse move down, we see a corrective move taking place which was rejected off the 61.8% Fib level. Price broke 2 counter trend lines and it
can be expected that price resumes the trend in the original direction. RR is favorable
Let's see what happens
can be expected that price resumes the trend in the original direction. RR is favorable
Let's see what happens
Note
Stopped out, on to the next
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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.