This level has been a consistent inflection point in the past so not surprised to see market reacting to this level again. Part of me thinks it will hold but only time and the market will tell.
Trade active
Trade closed manually
Lacked follow through and turning bearish.Note
Note
That did not age well. Thought about re-entering the trade but the R-R is no longer within specs.
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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.