It appears shorts are covering. Currently watching to take profit in the Fake Out zone. If price breaks and holds above 208, I'll be looking to take profit and short around 275.
Note
We are about to finish wave 2. Returning to the "point of control" at 173 could be a decision point for bulls to step in. Trade closed: target reached
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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.