There are many confirmations to take this trade: 1. it broke fibonacci retracement (38.2%). 2. it is about to break daily key level. 3. head and shoulders pattern confirmed.
After breakout of tradeline and key level, i will enter this trade with 1 to 1.55 ratio of risk/reward.
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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.