Short
#FTM Update
It is in a downward loop, which according to the failure of 50% Fibo of the previous wave, the ability to pull back to the specified area or 50% Fibo, which is in the red box area, the path to the bottom of the trading range can be continued.
Note
After not being able to break the red box approaching the bottom of the channel and the specified range.Note
Break the support level, in case of upward correction to the red box, you can enter the continuation of the selling process with confirmation.Note
After reaching the desired box area, now ready to break to the target area
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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.
Related publications
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.