Bullish (PD) arrays down at the 62% to 78% retracement levels. I am anticipating a mid-week reversal potentially emerging from an accumulation phase near the top of the range at the Point of Control (POC). My focus on Wednesday, aiming for a break of the short-term highs, followed by a downward shift toward the retracement levels. Ultimately, I plan to initiate a short position, targeting the 50% retracement level by Friday
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.