Confluence:
-4hr 20ma
-Monthly level
-4hr pivot
Target:
-Next daily pivots
-Previous Resistance
Stop below:
-0.5 Fib of move from
10.5k-3.6k
High risk long because still inside rising wedge which can breakdown, but worth a try if risk is managed properly.
-4hr 20ma
-Monthly level
-4hr pivot
Target:
-Next daily pivots
-Previous Resistance
Stop below:
-0.5 Fib of move from
10.5k-3.6k
High risk long because still inside rising wedge which can breakdown, but worth a try if risk is managed properly.
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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.