I analyzed the monthly timeframe, November's and December's candles were bearish. January's candle was bullish and retraced to the 78% or a little before it on the fib. I scaled down to the weekly timeframe and see ChoC-CH (change of character). The previous lows are being broken and then price retraced again just below the 78%. I believe price will continue to...
Analyzing the monthly candle, I see that it retraced and wicked the 62% based on my fib. This was a pullback for November's and December's 2023 bearish candles. The January candle was bullish. Now for February I believe it will be a bearish candle and will sell. Right now, the monthly timeframe isn't the best to see my idea, so I dropped down to the weekly...
