At point Z we face a weak High that must be hunted. So, we are looking for the entry trigger in the valuable areas (0.705 Fibonacci correction of the previous expansion). Fortunately, we have a strong Low there in which we can look for purchases with a ceiling target of Z and higher. (combination of one-minute and fifteen-minute charts) Important note: This content is educational and any possible losses will be borne by the trader. (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.
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.