Price is stuck at the 61.8 fib level and also tapped into a wick zone. Looking for price to drop back to the market structure level and also a 3rd tap on the trend line which also lays on a fib level before continuing long. We could expect a stop hunt before we see this move.
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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.