1. Pullback and Retest of weekly neck line structure that has been well respected.
2. Good RR.
3. Rejection at 0.618 fibs level.
2. Good RR.
3. Rejection at 0.618 fibs level.
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Completion of AB=CD pattern in lower time-frames as well
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Lower close of prev low in 1hr timeframe with double top could be possible entry signal for a short. Do note position size needs to be lower as an entry here is considered aggressive.
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Take some profit ,let the rest run.