Idea is based on a combination of elliot wave theory and median line analysis. Bollinger bands are used to identify reversals and fake moves. The reasoning behind this technical analysis is shown on the chart along with specific target and stop loss. Good luck guys.
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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.