We are sitting at the monthly support and the 127% fib extension of the previous weekly leg. In addition to significant structure, the daily timeframe closed a bullish harmonics pattern-- with descended fib params. Entry conditions also check out so we are placing buy limits on a deeper retracement or executing shortly.
This short term trade (3-10 days) is leading to our long term short set up (see another video in our profile).
RR - Short Term - 1:3.36
RR - Long Term - 1:4.4
This short term trade (3-10 days) is leading to our long term short set up (see another video in our profile).
RR - Short Term - 1:3.36
RR - Long Term - 1:4.4
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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.
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.