Looks extremely similar to the last triangle fake out.
Note
But note how on the last fractal that was a retest of support. Here we've gone down further. Still think its looking for a breakdown to 3400 though.Note
So we've had a few moves down now and its looking different to that fractal. Watching carefully now. I expected that last wick to 3460 to go much further into the 3360/3400 area but it got bought upDisclaimer
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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.