Monthly:
1. Strong impulse
2. Brake of previous structure
3. Very close to strong Monthly Support
Expect a little more drop and bullish reversal
Weekly:
1. Double Top
2. Strong Impulse
3. Brake of previous structure
4. Very close to strong support
Expect same as Monthly Timeframe:
A little drop and bullish reversal
Daily:
1. Impulse with little correction
2. Rejection from Daily Resistance
3. Engulfing candle from rejection
Bearish Daily timeframe like Monthly and Weekly.
4H:
1. Nice rejection from Daily Resistance
2. Engulfing bar
Expect to reach TP and to reverse.
1. Strong impulse
2. Brake of previous structure
3. Very close to strong Monthly Support
Expect a little more drop and bullish reversal
Weekly:
1. Double Top
2. Strong Impulse
3. Brake of previous structure
4. Very close to strong support
Expect same as Monthly Timeframe:
A little drop and bullish reversal
Daily:
1. Impulse with little correction
2. Rejection from Daily Resistance
3. Engulfing candle from rejection
Bearish Daily timeframe like Monthly and Weekly.
4H:
1. Nice rejection from Daily Resistance
2. Engulfing bar
Expect to reach TP and to reverse.