Perfect WW set up occurred on the hourly bars. Point five usually retraces to 0.786 News out it bounced down directly to Target Line Great toll for scalping trades in a trending market. Essentially a bear flag as someone has already noted
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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.