I consider this a high probability setup, as it is retesting a long term trend line as well as a clear demand zone. Additionally, there's a fibonacci cluster in the demand zone, and low volume node which acts as support.
Looking for a continuation to the upside here with a favorable reward: risk setup.
Looking for a continuation to the upside here with a favorable reward: risk setup.
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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.