Price is moving bearishly to fill an imbalance, expecting to price to reverse after the fill with an added confluence of harmonics and a fib ratio of 88.6. First TP will be 38.2 of the fib taken from the this current bearish impulse to the point of reversal
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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.