I truly believe that this ABCDE pattern will break to the upside eventually because we hit the 0.618 fib support.
Waiting for confirmation after the breakout happens to enter a position to go LONG.
Waiting for confirmation after the breakout happens to enter a position to go LONG.
Note
Also, the volume indicator does not show any major signs of high interest yet at this price and force a breakout to the upside.When the breakout to the upside may occur please check the volume indicator for confirmation also.
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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.