Market structure is currently following the Wyckoff Theory, we've seen the spring, we've seen the retest, could this be the last point of supply? Reaction off the .382 fib this morning will likely see the continuation of the bull run at least up to the previous daily highs of last week.
Trade active
Entered this morning with 0.5% risk. Currently running at 1.7RTrade closed: target reached
Cashed out at 2R, small move, bias changed during the day. Didn't catch the move down though.
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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.