I have called this setup Combo Setup For the following reason
1- price approaching Fibonacci Level
2- Price would be hitting down Trendline
3- Demand Area Become Supply
4- Overall Down Trend
That would Make this setup a very high Probability Trade
1- price approaching Fibonacci Level
2- Price would be hitting down Trendline
3- Demand Area Become Supply
4- Overall Down Trend
That would Make this setup a very high Probability Trade
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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.