This post is a continuation and correction\tweaked\refinement from the previous post below.
Note
Note
Observations: On the 4 HRLY, we are getting higher lows and holding, even though we getting many wicks. It doesn't instill confidence but the market has been indecisive in this area for some time. I don't anticipate any big action or reject until we hit 1 fib.extension or point B. It will then tell us how the market is.
Trade closed: target reached
Just closing this post off. One can see we fell abit short. Maybe I should state target 1, 2, 3 on such posts.
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.