D1 - Price moving inside channel. Price is at the middle of the channel, we might now expect the price to reach the bottom and if we get a confirmed breakout, we may expect the price to move lower than that.
H1 - We have an important zone where the 61.8 fibo extension coincides with the daily high. Now we may expect double wave up and we can go long with the breakout.
As long as the high shown in the H1 screenshot holds, we are bearish.
H1 - We have an important zone where the 61.8 fibo extension coincides with the daily high. Now we may expect double wave up and we can go long with the breakout.
As long as the high shown in the H1 screenshot holds, we are bearish.