Note
I have updated the support structure for this TA. An overall GW retracement from ST to the high that follows. I would suspect price action to move inside the highlighted area before making a rally up. This is only a suggestion, this doesn't mean that price cant/wont retrace to the ST zone. But the odds are looking low that it does; overall the structure looks solid. I have also plotted fib levels above the AR zone where price could run into some resistance.- Not Financial Advice -
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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.