Last week we saw 
SPY break of structure of a down trend on a higher timeframe. On that same timeframe we retraced to our key fib level without breaking the swing low. Here, I would like to see price break buyside liquidity + structure followed by a retracement down to our key fib levels before a leg higher is made.
SPY break of structure of a down trend on a higher timeframe. On that same timeframe we retraced to our key fib level without breaking the swing low. Here, I would like to see price break buyside liquidity + structure followed by a retracement down to our key fib levels before a leg higher is made.
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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.