Here we have a on the 1D chart.
Yes, another in a trend channel...
Given the , we might want to look for price to go a little past the PRZ zone, but then we are definitely looking for a price reversal.
The measurements for a valid are detailed below.
C: 0.382 - 0.886
D: 1.272 - 1.618
Final X to D: 0.786
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Christopher D. Schultheis,
Six Figure Capital