Waiting for the downtrend/retracement to begin to start looking for sell opportunities.
if we break through the established weekly resistance then can look to be reactive to buy opportunities.
There is a monthly /weekly uptrend. The daily trend could possibly turn around here to start following the bullish momentum. Looking for buy opportunities on the bounce back.
I'm going long - the down wedge into a head shoulders pattern. Indicates reversal?!
Went in at dotted orange. Hoping for the best. Will update if i won or lost here.
Noticed this on the 1D chart, seems to coincide with what we're seeing on 4h / 1h and 15m, I will try put short if we fall through the first red fib level
