ES Fibonacci Analysis (May 21)
This Fibonacci drawing was drawn from 5315 to 5349, going up. If ES breaks above 5350, then it can continue to the next Fibonacci level of -50% at 5366. Please note the 2HR FVG close at 5339. Once price action reaches this level, price action may bounce and continue up, or fail and continue to fall lower to test the Daily FVG level again at 5315.
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