Looking at recent price action over the past few weeks, ALICE just broke an historical resistance, which will not turn into support.
Looking even more close, an extended W has formed on the smaller TF, and we can expect a 38-50% pull back, and from there we can determine where we want to enter.
Looking even more close, an extended W has formed on the smaller TF, and we can expect a 38-50% pull back, and from there we can determine where we want to enter.
Note
Exactly at 50%. Probably will be one of my better trades this week. Sky is the limit now.
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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.