this is a possible bullish case scenario.
first thing I did was to plot a downward trendline on the 4 hour chart. i then noticed that price broke the downward trend, indicating a possible bullish movement.
i then plotted a fib on 1Hr to get potential targets on the retracement from 24 September 17:00 till 25 September 11:00am. and i notice the the 300% fib lined up with a previously plotted important number on my chart at 3403.06. whic is also the top of a Gap on the SPY chart.
finally i plotted a Gann fan using the ACW Gann fan strategy and noticed that price was broke above the 2/1 line indicating bullish trend. this was just as a final confluence.
first thing I did was to plot a downward trendline on the 4 hour chart. i then noticed that price broke the downward trend, indicating a possible bullish movement.
i then plotted a fib on 1Hr to get potential targets on the retracement from 24 September 17:00 till 25 September 11:00am. and i notice the the 300% fib lined up with a previously plotted important number on my chart at 3403.06. whic is also the top of a Gap on the SPY chart.
finally i plotted a Gann fan using the ACW Gann fan strategy and noticed that price was broke above the 2/1 line indicating bullish trend. this was just as a final confluence.