Bank of AmericaLong
61.8% & 50% retracement while respecting the arc.
Firstly, I look for a good retracement level, either 50% or 61.8%, then I draw the arc to see if price respects it, then I look for pins or double bottoms, triple bottoms or head and shoulders.
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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.