Last short idea was profitable for us, and I think this is a time for a pivot now. Price action is king. The drop down looked like ABC of a larger zigzag A wave, so now B which may be quite protracted. Fib goals here are for illustration purposes, as I recommend you never keep your goals stationary but use an adaptive indicator or indicator pair to exit.
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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.