Currently I am seeing two possible scenarios. breakout of that smaller timeframe zone we heading to that first target(35290) comfortably. Retracement to the previous supply turned demand zone on the 1H timeframe we heading to the second target zone(35485). Ideally I would like for the bigger retracement just so that the market come and retests the previous broken zone, but as usual we react according to favorable price action only.
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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.