soooooo bullish right now intraday
Note
in theory, if .236 is obeyed, the extension expected is the reciprocol or 1/.236 = 4.23 or 423% from the downleg. that is at 1.66ish, so if it is obeyed, we should see a (1.7-1.53)x4.23+1.66 rally = 2.38 which puts us above the bear trigger of 2-2.5%
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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.