Hey everyone, I found this possible setup for some serious pips, I know many of my ideas are long term trades however for me they have yet to disappoint. I would much rather find a longer-term position than shorter term, that involves more of a fundamental aspect. Within recent weeks/months we are gradually seeing higher highs and higher lows. We would hit a strong fib level (.886), be very oversold and possibly touching our trendline for a great reversal point. As always, a great risk/reward ratio.
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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.