Long
AGG long to Weekly resistance
AGG nice 1 month correction and looking for the next impulse to the upside.
break of 6.58 top indicates start of next inpulse
target 7.80 resistance and Weekly 38.2% retracement
stop 6.00 gives 2:1 Reward/Risk
break of 6.58 top indicates start of next inpulse
target 7.80 resistance and Weekly 38.2% retracement
stop 6.00 gives 2:1 Reward/Risk
Note
Weekly chart shows major resistance 7.80 to 8.00Current correction hit elder value zone
looking to ride it up to the top of the elder envelope into resistance
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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.