reasens:
1-supply zone
2-fibo 61.8
3-below of 2 resistance
for lower risk we can wait for break up trend (green trend)
1-supply zone
2-fibo 61.8
3-below of 2 resistance
for lower risk we can wait for break up trend (green trend)
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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.