Confluence area: 1.Weekly 50% fib 2.Daily 50% fib (different move) 3.Top hourly TL (black) Entry: 1.Confirmation of Double Top 2.Break potential local channel (pink)
Confluence area: 1.Resistance from Daily TL(purple) 2.Resistance from local top TL(orange) 3.other TL was shrinking the price and make Wedge Pattern 4. Consolidation
Clearly resistance from the Orange channel in the Retest after broken (5 Times). Now looking good for anther down move.