Markets overbought and into structure (Look in comments for wider picture) Looking for a small retracement into 111.30's a very small risk high reward trade.
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
Note
1hr is confirming its want to go downside previous structure lines up perfect with .618 for good profit taking and entrance into long position
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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.