After a break of the inner trendline which you might consider a median line in a channel forming a new higher high we now see a pull back and the line now provides us a place of dynamic support which we can go long off of. We may well sell a dive back below to the 73% mark which Is my favourite zone to go long from. Difficult to put a RR on it as it's a moving target but it's good whatever it is.
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.