The last time this setup occured, there was a large move to the upside. Preparing for further short-term downside and then a bounce (maybe off of a fib number) to test previous highs.
Trade closed: target reached
Happy days :)
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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.