Impulse correction impulse at DP ( supply zone ) , align with 0.618 FIB. No fakeout. Higher risk setup.
Note
Note
As of now , the price action is showing compression pattern . In this case , the compression indicates that the market is fulfilling the remaining buy order before the swing low. If the price breakthrough the supply zone , then the set up is invalidates.
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.
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.