Total 2 - daily time frame
2 entries scenarios on daily time frame after ALTs correction based on previous analysis
1 based on FVG and .38 fibb
2 according strong supports area and fibb .61
1 based on FVG and .38 fibb
2 according strong supports area and fibb .61
Note
On the long term view on total 2 daily TF, it's obvious that the up trend/impulsive fail to break out the 1.269T. As highlighted before, the rebound was very high to occur. at this critical zone, now the market forming a new structures (downtrend).
Actions:
- Entry the market (buy/long) at 1.057 T is still critical (unfavorable)
- Entry the market (buy/long) at 935.35B is more safe.
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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.