Weekly:
We have not reached yet the -27 fib completion
Double bottom
Weekly reverse point is an inv h&s and allignes nicely with the daily s&d zone
Daily:
inv h&s
4H:
Break of a clear descending trendline, our entry allignes also with the third touch of the trendline (has nothing to do with the initial break)
We have multiple fib completions just beneath our daily zone. I'm hoping for price to hit that zone and take off.
Stop loss is below both 4h -68 fib completions and underneath the daily and 4h wicks
Double bottom
Weekly reverse point is an inv h&s and allignes nicely with the daily s&d zone
Daily:
4H:
We have multiple fib completions just beneath our daily zone. I'm hoping for price to hit that zone and take off.
Stop loss is below both 4h -68 fib completions and underneath the daily and 4h wicks