- Bullish trend
- Bearish candle close
*Weekly -27 FC in our favor
*Monthly Inv H&S region is tapped
*Last week candle stick formation is likely to be in favor of a future False Break
Daily:
- Bearish driver
- Double bottom + Inv H&S
- Strong buying zone in the past
- False break + took new liquidity (new action)
*Daily -27 FC aligns with weekly zone against us
*We can see that the latest move to the downside was very corrective
4H:
- Bullish
- Deceleration to counter impulsive PA
*We can clearly see the Inv H&S (Daily)
1H:
- Inv H&S