Downtrend Rejection?
The major downtrend TL is in confluence with the golden pocket from trend-based fib and the volume area high.
Looking for a possible short entry on a swing failure and subsequent rejection of TL. Will flip long on downtrend break if retested and held.
Looking for a possible short entry on a swing failure and subsequent rejection of TL. Will flip long on downtrend break if retested and held.
Trade closed: target reached
Took short on the swing failure and downtrend rejection. TP at daily level 38189.
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