Updated
Possible Resistance Re-test before going down 👀
We see a MACD divergence happening and the pattern has been seen before that for an impulsive move down to happen, first it's going to re-test resistance (absorb liquidity ) for the next impulse wave down. This, of course a possible scenario. Things are delicate as they are and never trade against the trend. I'd advise to wait for this to happen then look for DT continuation set ups 👀
Trade closed: target reached
Targets super reached!! Even breaking out the channel!
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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.