Following the trend. Trade graceously!
I do not know if it would be a vigorous impulse to the upside reflecting a potential reversal on daily basis, but it is a setup with good risk/reward ratio. Good luck!
UPDATE: Looking even better! Cheers!
So far, so good. Happy trading!
Fair setup for long. Good risk/reward based on wave structures. Happy trading!
Actionary and reactionary waves exposed! Good luck!
Happy trading!
Last idea I have foreseen the target to $50 as minimum target. In fact, the target for this quotation (TVC) has already reached. It is expected to see a correction for the last hourly impulse. First target is the 76.4% retracement (near $47). Good luck!
I'm expecting a five wave impulse on daily basis. Trade with care!
Fibonacci retracement & extension to measure price-action. The interaction between actionary and reactionary waves can be understood with the Fibonacci tools. Market conditions can be similar in some aspects; however, they are always different comparing to the past. To rely on fibonacci tool for trading it is necessary to have a reason to use it. In other words,...
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60 min chart Short 1.04627 has been a strong structure level in the long term. Structure was broken, so this level may become new resistance. Structure level is also .618 Fibonacci retracement of 1.0526 to 1.0363. Opportunity to short at 1.04627. Look for more signals. Potential Targets: Target 1 at .382 retracement of 1.0363 to 1.0462 Target 2 at Pivot...
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