trendline break followed by bullish momentum on multiple timeframes.
Structure Fibonacci Candlestick Analysis Price Action Trend Exhaustion Moving Averages
Entry on a retest to Strike Zone. At .886 Retracement. Target 1 at the .382 Retracement of A-D Leg. Target 2 at the .618 Retracement of A-D Leg. Target 3 at Previous Structure. (X-Leg) Stop Loss at the 1.13 Inversion of X-A Leg. Confluences: Major Stucture S/R - Horizontal Support - Whole # (89.000) - Supply Zone. (H4) Harmonic Pattern - Advanced...
- Advanced Harmonic Pattern - RSI Oversold (H1) - RSI Divergence (H1) - Major Structure inside of Strike Zone - 7/21 Moving Average Bearish Crossover (D1) - Higher Time Frame Fibonacci Confirmation - Ratio Fibonacci Confirmation - Pin Bar Candlestick Reversal Pattern inside of Strike Zone (H1)
***Bearish Butterfly Pattern if you ignore that news candle*** #tradewhatyousee
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