0.5 fib may be on the verge of breaking, if it does then I will be longing at the 0.618 fib level which coincides nicely with a bearish breaker. Stop at the 0.79 level which coincides with a previous bearish breaker that has been heavily rejected twice as both support and resistance (arrows highlight this). Buy limits are in and this trade is roughly 2R!
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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.