we see a continuation of the downtrend from last week, a break below the trendline would confirm the break of the neckline and also a more push down to the next zone below
Price currently on an uptrend Market structure on the daily timeframe while only 4hr timeframe we see the same retest which align with Fib 61.8 level, and the last friday candle on the daily Timeframe close as a Doji, showing us an indecision from that zone, on the 1hr and 30mins Timeframe we see a formation of Head and shoulders pattern with a market structural...
price currently on a downtrend market structure on the daily timeframe, broke last support and currently retesting it, which align with fib 61.8 level more confluence for a swing short down, the current structure on the 4hrs and 1hr now together with the daily timeframe, also we see a formation of head and shoulder on daily , 4hrs and currently retested 1hr...
price overall looks so bullish , current structure shows a market structural shift on the 1hr TF
signal for potential bull run and a formation of inverse Head and Shoulders formation on the 1hr TF which align together with fib 61.8 level, lets watch and see how price react to the zone
incoming formation of Head and shoulders pattern and right shoulder align with fib 61.8 level, would like to see price reaction if price reaches to the red zone
