Hey everyone. It appears that the 61.8 fib resistance hold and now expect a retrace to our brakeout zone. Which will result a possible bearish three drive pattern.
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If we have a strong break below TP1, We go further down for TP2
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Nice drop. Tp1 will be reached soonNote
Beautiful drop. Move stops to 1250.0Note
We remain short and target 1233.34 with stops @1250Note
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Trade close. Target reached. Buyers can go longNote
Cancel buy setup. Structure broken for the three-drive
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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.