Area of interest.
1.27 previous leg extension lines up with the 78.6 retracement on the impulse leg and price structure.
Need to wait for ascending trend line to break and retest before looking for short entries.
1.27 previous leg extension lines up with the 78.6 retracement on the impulse leg and price structure.
Need to wait for ascending trend line to break and retest before looking for short entries.
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.