This setup is valid as long as price does not go above the max price level on the chart of around 196.18, before backtesting the correction base POC.
Trade closed: stop reached
Price went too high. Backtest to correction POC is now too deep.Disclaimer
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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.