We are testing the 61% fib which aligns with the monthly structure. Now we need to wait for a daily and 4H confirmation- as the daily creates a Doji and a bullish flag that indicates market exhaustion and indecision. Now we wait for the structure to present itself and the environment to shift bearish.
RR - 1:3.3
RR - 1:3.3
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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.