Engulfing bar, could be the start if wave 3 of the trend.
Has pulled back to the 38.2 fibonacci level before forming an engulfing bar.
Aiming for a 3x R/R target at the 127.2 Fibonacci extension.
Has pulled back to the 38.2 fibonacci level before forming an engulfing bar.
Aiming for a 3x R/R target at the 127.2 Fibonacci extension.
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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.