Retraced to 618 fib level.
Creating a falling wedge which is bullish.
A breakout possible but there is a strong resistance as a channel.
Trade with caution and a tight stop loss.
Not a financial advice, just an idea.
Creating a falling wedge which is bullish.
A breakout possible but there is a strong resistance as a channel.
Trade with caution and a tight stop loss.
Not a financial advice, just an idea.
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Any counter thoughts appreciated
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Closed the long at 55ema