We are training at the 50% and structural resistance of the Monthly time frame. If and only if we treat this as resistance we will see a push towards our ultimate target which is a long entry. However, we could see a break and continuation towards the 61% fib + structure as the structure is more significant.
RR Short Term - 1:2.3
RR Long Term - 1:4.1
RR Short Term - 1:2.3
RR Long Term - 1:4.1
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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.