- RSI: trend line broken + Oversold - Potential reversal zone (PRZ) -> Red box
- Red triangle could be Potential Reversal Zone (PRZ) -> 50%-61.8% fibo - Still trending with RSI - Target: Resistance at 1.37848
- Gartley confirmed reversal - Triangle breakout. length A should be equal to B - Impulse wave (red) show path to target price of triangle breakout: 0.71228 - Reaching target, why not a potential Gartley?
- Length A should be equal to B. therefore more bullish - Some confluence at 1.25549 - Target: resistance at 1.27173
- Bearish to come - Small reversal at 1.07300 - Then bearish continuation untill PRZ - BUY ZONE
If next candle is bullish, price will go to 50% fibo If next candle is bearish, price may go to 1.32529 resistance
Bat Pattern Formation Pin Bar reversal formed on C
- Cypher Pattern Formed - False breakout (green) - Buy Stop on resistance breakout 79.329
- Cypher Pattern formed - Doji - Good resistance level 78.984
- Double bottom breakout - Pin bar - Support at 1.21109 - Elliott Impulse wave