This trade is based on Significant Support and Resistance + SND
Note
Increase SL and support with Fibonacci Retracement 61.8%Note
Layer lots at Fibonacci Retracement 61.8% and above. Good Luck!
Note
SL increased to allow the momentum slowdown before price falling down.
Now setup known as CPLQ which means Compression + Liquidity.
Trade closed: stop reached
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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.
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.