If price continues down to my specified zone, then a clear double bottom pattern has formed on price. price is also now at a clear zone of previous major support so I'm expecting some kind of reversal to the upside. another point i would like to make is that
Price has been following a beautiful rally/retest pattern towards the upside with plenty of bullish momentum. We see price perfectly bounce off my "618" fib level to the upside. And we clearly see an untested level. I expect price to retrace to that level and rally up to Resistance. Might be nice to look for long opportunities on smaller Timeframes. Please comment...
