Description
⋅ Monthly:
1. Impulse
2. Brake of previous structure
3. Correction on lower timeframe
Looks bearish at this moment
Weekly:
We can see more clearly on the Weekly timeframe
the impulse, brake of structure and correction.
Looks bearish at this moment.
Daily:
Fibonacci is added from lower timeframe
1.Impulse
2.Correction
3. Engulfing Daily candle from Fibonacci level
Going to make a entry on 4h timeframe
4H:
Bearish Engulfing candles and pinbars from fibonacci levels. Good time for entry
RR 1:4