possible LONG scenario based on weekly chart
Updated
another DiNapoli B&B pattern on weekly chart
+ possible H&S pattern on H1
B&B pattern: at least 8 (and more) candles above SMA 3 (offset is 3). then first retracement (38.2, sometimes 50%) hit within 3 candles
1st target is oposite retracement to 61.8
+ possible H&S pattern on H1
B&B pattern: at least 8 (and more) candles above SMA 3 (offset is 3). then first retracement (38.2, sometimes 50%) hit within 3 candles
1st target is oposite retracement to 61.8
Note
H&S in place and broken. possible next target 61.8 fib retracement on weekly chart around 1.321Note
:)
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