Undervalued $ARB
Could see retest of a market structure breakout from a Monthly and ATH level...
Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 mark
Would fit for a third hit on second parabolic yellow trendline
Lines up with the 0.66/0.0618 Fibs
Hits on Band 1 of anchored VWAP
Good confluence...
Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?
Thoughts?
Fixed Range PoC lines up with VaH to create strong support at $1.90 $2 mark
Would fit for a third hit on second parabolic yellow trendline
Lines up with the 0.66/0.0618 Fibs
Hits on Band 1 of anchored VWAP
Good confluence...
Look for a third drive up for 35% return on Swing. SFP/Failed auction set up for short...?
Thoughts?
Note
A strong bullish Divergence on CVD and OI would make this trade impossible not to take.
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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.