Divergence observed on many indicator like A/D, Momentum, Money Flow, etc. Wave 2 rested comfortable on 0.618 last week. This week will ride on wave 3 to break the historical resistance zone to (3), retest and finally ride to (5). Presently targeting to EMA 200 with SL at 0.618 low.
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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.