Pursuing 0,618 Fibonacci Level confirming the falling wedge pattern.
Note
Some things to watch:DMI crossing up
Regular Bullish Divergence
Break of RSI = 50 level
Note
Found resistance near the EMAs where I usually like to take profits, but rebought again at this dip, still bullish.Trade closed manually
Stop losses got activated and the setup got invalidated.
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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.