This is a small buy opportunity with the expectation that price makes an Expanding Flat. A test of the "High" is the minimum requirement to form the Flat. However, the move up is likely to reach the 0.50 and 1.272 Fib. confluence.
Trade with care.
6.1.8. Family.
More Than Just Trading.
Trade with care.
6.1.8. Family.
More Than Just Trading.
Note
Price can fall short of the "High" making the correction a Running Flat
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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.