Price broke the Swinghigh of the 15M timeframe, creating a strong Swinglow bottom.
15M reversed down when the bottom of the Swinglow was penetrated. Then the price dropped to the bottom of Swinglow 4H.
Now we continue to monitor the wave structure
15M reversed down when the bottom of the Swinglow was penetrated. Then the price dropped to the bottom of Swinglow 4H.
Now we continue to monitor the wave structure
Note
Price continues to break above the weak High creating an i-BOS signal.The strong swing bottom does not change
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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.