With reaching the .618 in what looks like an impulse, albeit somewhat weak, I am inclined to think its an A wave and we are making a larger flat pattern in the broader markets. Looking for an abc down to the .618 retrace and a good trade long on the potential C wave up. Order blocks fall in line well with the retracement zones.
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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.