Hi All,
Just looking at this one and its current scenario, if it gets to pullback due the resistance its facing now (1.618 extension), if it pulls back enough, it might be worth jumping into.
Why would it pullback to this level beyond 3.474?
It might not. But I would think it will like to retest this level as support before it continues up, since it seems it hasn't.
All the best,
S.SAri
Just looking at this one and its current scenario, if it gets to pullback due the resistance its facing now (1.618 extension), if it pulls back enough, it might be worth jumping into.
Why would it pullback to this level beyond 3.474?
It might not. But I would think it will like to retest this level as support before it continues up, since it seems it hasn't.
All the best,
S.SAri
Note
it didn't take long to hit the first pullback targetNote
I found no entry and now we have no trend and hence I have no interest in it, for now.Note
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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.