Another downward impulse wave is ending.
For a long trade, you can look for 50% withdrawal at the engulf bar.
For a long trade, you can look for 50% withdrawal at the engulf bar.
Trade closed: target reached
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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.