So I still start from the assumption that the bullish trend structure is intact. The pattern, if correct, is clear and according to this idea we will have a continuation of the upswing on a weekly basis (46 bars 4h chart = 7 days and 16 hours to be exact).
I have drawn the yellow candlesticks as a representation of how it will play out and light-blue one that will be the next big move to the upside.
I am not a professional trader and this is not an investment advice, this is only my opinion and observations of the market.
Like if you agree and let me know in the comments!
I have drawn the yellow candlesticks as a representation of how it will play out and light-blue one that will be the next big move to the upside.
I am not a professional trader and this is not an investment advice, this is only my opinion and observations of the market.
Like if you agree and let me know in the comments!
Comment:
Sp far so good, my yellow candlesticks are currently confirming the idea so 24-28 hours to go to see my light blue candle become true as well
Comment:
Timing is off, so I'm dropping this idea, going with my SHORT idea that I will publish next