Monthly:
- Bearish W
- IC is touched and rejected
*Not a problem to go long due to lower TF's and sitting above a huge buying zone in the past (= horizontal ray)
Weekly:
- Bullish
- Bullish candle close with rejection
*Expect to retest the IC and structure as support
*If monthly bears would kick in this would be a bearish candle close
Daily:
- Bullish
- Bullish M 2x
- S an D zone is IC and first structure bigger Bullish M
- Clear confirmed HH showed me that I still can go long
4H:
- Bearish
- -68 FIB C aligns with Daily zone and small IC
- Needs decel or pattern due to sitting high
*FIB C is here an indication not a confirmation to base my limit on with the 4H IC
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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.