H4 I see the possibility of expanding flat so I'm looking for longs to complete that structure.
H1 now also has the possibility of an expanding flat.
1) Wave C down in the expanding flat may not be over, nothing confirmed
2) We want to see TL break and flag on lower TF's to confirm more upside to come before buying
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup.
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H1 now also has the possibility of an expanding flat.
1) Wave C down in the expanding flat may not be over, nothing confirmed
2) We want to see TL break and flag on lower TF's to confirm more upside to come before buying
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup.
If you have any questions about my analysis, leave a comment and If you have a different or similar idea share your idea and lets discuss it.
Comment:
H4 Idea possible structure
Comment:
H1 we never got nice TL break and flag and price has pushed lower. this can be taken as good news because now we have a much better understanding that this will just be a correction and not a reversal for more downside to come
