Seems to be in an ABC. Looking to ride this third wave, as it provides excellent R/R! From an indicator, we are above both 50/100 ema, which will most likely act as support. MACD: signaling bearish continuation! Also good to note that volume has been dropping at an increasing rate!
Note
Leave a like and a follow for more analysis like this! :)Trade closed: target reached
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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.