We saw price move bullish and retrace bearish before moving bullish again.Price is currently approaching a point of resistance where we may potentially see price retrace again to 50% fib before moving bullish to complete the move marked at the green horizontal line.
Entry - grey line
Red line - Stop loss
Green line take profit
Entry - grey line
Red line - Stop loss
Green line take profit
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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.