That swing low was a market anomalie a giant wick that happened in 1 minute, I don't like it.
But if the market is respecting fib levels drawn from it, perhaps it can be traded as if it was normal?
I still prefer staying away. The uptrend on the other hand is legit of course. Anway nice vid.
UnknownUnicorn180388
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@MrRenev, I agree, the huge low-test is by no means ideal. However, it's valid for my personal rules.
I'll continue to monitor into early next week to see how price develops.
Have a great weekend.
But if the market is respecting fib levels drawn from it, perhaps it can be traded as if it was normal?
I still prefer staying away. The uptrend on the other hand is legit of course. Anway nice vid.