Pattern has started to form an AB=CD.
The C point is at a strong area of structural support.
There is divergence on the smaller time frame.
There is a break out of the trend line from 1hr chart.
Two take profits have been identified.
Remember, we can trade C to D and then D as a sell....
The C point is at a strong area of structural support.
There is divergence on the smaller time frame.
There is a break out of the trend line from 1hr chart.
Two take profits have been identified.
Remember, we can trade C to D and then D as a sell....
Comment:
Made a push up followed by retracement and retested trend line.