That .382 to .236 fib bounce is very common when retracing from a previous move.
If we don't build some structure up here most likely scenario is to retest the .382
then the .5 and finally the GP. Not much in volume blocks between the .382 and the
bottom avwaps and the .5 fib.
If we start to build some structure above the May open maybe we can see some more
alt plays. For now just scalping the the ones worth it.
Trade Frosty.
If we don't build some structure up here most likely scenario is to retest the .382
then the .5 and finally the GP. Not much in volume blocks between the .382 and the
bottom avwaps and the .5 fib.
If we start to build some structure above the May open maybe we can see some more
alt plays. For now just scalping the the ones worth it.
Trade Frosty.
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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.