looking for price to pull back from resistance and carry short loooking at our Fib level to be triggered
2 level breakout. however we wait for pullback on the fib 50/618 preferences to sell allow room for stop hunts on the open New York session trapping buyers we can assume that we may have enough momentum for the sell even lower breaking the support.
price has reached the Fib level 618. looking to sell at this level and go short, commit to the trade with more entries after the trendline breakout to max profit. we can expect price to further drop after retesting the newly resistance
retest on the newly support zone hopefully we looking at a strong bullish rally for the rest of the week, if price breaks above the current resistance zone.
Head and Shoulder setup followed by a small falling wedge we can expect an engulfing buy candle on the H4 to break minor resistance to give us confirmation of the trend momentum
pull back to retest previous HL support. this will give enough momentum to fulfill third level bullish trend
Bearish continuous. breakout confirmed the retest on the new resistance zone to go short
head and shoulder setup complete, price has reached the neckline Area for possible breakout