high probability setup
AB=CD pattern lines up perfectly with 0.886XA retracement (blue), 1.414BC inversion (magenta) and 1.272AB extension (black). Usually, when this type of confluence occurs a sharp reversal after the test of the zone follows.
Note
it didn't trigger
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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.