Fib-based trendline, structure, & pattern
What I'll be looking for
1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)
Foreseeable short-term bearish scenario linked below
What I'll be looking for
1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)
Foreseeable short-term bearish scenario linked below
Trade closed: target reached:
50k reached - no clear trajectory at the moment
