Everyone seems to be bearish yet this setup suggests otherwise Marked out the levels for profit taking (there's no such thing as one profit taking level)
Level 1 => s/r flip at 8.6K Level 2 => blue rectangle area Level 3 => fib 1.618 area Level 4 => fib 2
A little about the trade... - Falling wedge - Regular bullish divergence - Volume exceeding its moving average - Stop loss place below or at the white support line at 8.4k Some of the best trades are when confluence takes place and this one contains some of my favorites
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