After the correction at the golden Fibonacci level 618 in confluence with the key level at 0.8988, the price action shows some consolidation. However, the candles are forming LH the uptrend bias remains intact.
A potential long setup above the consolidation area allows a decent R:R 1:3 "---" 1:5 "__"
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A potential long setup above the consolidation area allows a decent R:R 1:3 "---" 1:5 "__"
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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.