Price broke out of larger descending channel, Now it looks like it may be creating a large continuation correction which is good for us with a long bias. For the entry we want a clean break of the continuation correction then a lower time frame correction for the entry. A smaller version/variation of itself.
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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.