The weekly momentum is finally kicking in. After the fake breakout on the weekly TF we had a retracement the whole week.
Long term perspective:
We now got:
Long term perspective:
We now got:
- Retracement to 61% fibonacci level
- 5-Wave structure to support
- RSI-Divergence on 1H
- Oversold indicators on 4H
- Price action candlestick signal at support
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Related publications
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.