A possible aggressive long entry due to Fib level and MA confluence within pennant. These may (as well as the preceding bullish impulse) allow a peaceful long entry before a bullish breakout to next Fib level
Note
1 hour refinement (after slight drop in price) allowing a lower target and still 4.5 RR
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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.