Be ready to short here , because it's the 0.618 fib
of the bullish crab
short with price action confirmation
of the bullish crab
short with price action confirmation
Note
the reason to not looke to take the first trade is because it's obviously extremely risky to long here with all the news + the potential gains is really small.but you can try in smaller time frame and with tighter SL than the one in the chart.
I will be intersted in the second trade (which I think will be very soon that's why I posted this chart, I don't want to be in pressure when the market move in all direction)
Note
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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.