Descending channel may trigger a 1:1 to 4:1 RR trade opportunity
Price is consolidating around 0.382 Fib retracement of a strong bull impulse. Pending buy stop above last fews indecision candles to get involved.
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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.