Here we see price retracing to a fresh supply zone that also meets a fibonacci cluster, high volume node, and short term trend line resistance. Because of the momentum of the sell-off when the supply zone was formed, I see this as a solid setup short. 3:1 reward: risk setup
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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.