Correction underway. Bulls monitor blue zone for support
Updated
The median line and warning lines have reasonable validation using a modified Schiff. A normal median line also fits very well. The blue zone coincides with warning lines and Fibonacci retracement levels 0.382 & 0.5. If support holds in blue zone, I will establish a new median line on the new pivot to monitor projection & risk looking for new highs
Trade closed manually
Stop reached on second chart.
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