Before now i expected the market to start being bullish, but there it is sitting there.
likely it could sit there and then turn against the prediction and south.
but looking closely i found something.
2 drives pattern: ab=cd pattern completion
3 drives pattern: ab=cd=ef pattern completion
all terminating at the greenish area of fibonacci cluster and likely market reversal
also at this point is a good support area where market could likely reverse too
look for good entry my brother and sister
apply your risk to reward ratio correction
it seems the market will retest yesterday's high again, so we go short term and long term with protection of profits.
likely it could sit there and then turn against the prediction and south.
but looking closely i found something.
2 drives pattern: ab=cd pattern completion
3 drives pattern: ab=cd=ef pattern completion
all terminating at the greenish area of fibonacci cluster and likely market reversal
also at this point is a good support area where market could likely reverse too
look for good entry my brother and sister
apply your risk to reward ratio correction
it seems the market will retest yesterday's high again, so we go short term and long term with protection of profits.
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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.
Related publications
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.