The divergence indicated a change of direction. The bounce came in and we had a perfect retrace back to the 0.618 fib. Could not be a better settup for a quick trade to the upside especially now when the 4H just closed.
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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.