This is the weekly chart. It’s much cleaner compared to the daily chart. Nevertheless, always use MTF to see the magic. From my previous ideas, I’ve mentioned that some of the target are met. We are now waiting for a reversal. So if there is no reversal bar in the next couple of days... Then... We’re looking for the market to continue higher. As of now, there...
This can be an opportunity if it breaks the low of the reversal bar. You may zoom in to smaller time frames for e.g 1hr or 15mins to enter earlier.
Retracement 62% -25230 We take the high of 12th Feb and low of 23rd March. Retracement of 79% - 25199. We take another high of 04th of march and the low of 23rd March. The projection of 100% - 25117 would be the low of 23rd march-high of 26 March and low of 2nd April. Now we wait for a daily/weekly bar to close below those levels to place an order of the bar to go...