This trade would be a .618 continuation after the recent ABCD correction. Stop is relatively at the bottom of the channel with targets at the next possible region to see some resistance. Close half the trade and let the remainder continue onto the 1.272 or 1.414 extension etc. Buy limit entry or 1hr tf bounce.
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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.