Currently according to sentiment, 76% of traders are Short and 24% are Long. This gives us a Contrarian view to look for price to push further up to the next supply zone on the chart.
This is also in line with the Fibonacci Extension of the most recent impulsive move.
This is also in line with the Fibonacci Extension of the most recent impulsive move.
Trade closed: target reached
Targets reached on this trade. It was a success! 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.