Weekly:
-ICI pattern.
-Previous resistance is now acting as support aligning with the 61.8.
-Expecting at least a reaction to the upside.
Daily:
-M formation.
-Expecting a retracement at least to the previous zone of support that could be acting as resistance.
4H:
-Inverse H&S pattern.
-Previous resistance is now acting as support aligning with the 61.8.
-Expecting at least a reaction to the upside.
Daily:
-Expecting a retracement at least to the previous zone of support that could be acting as resistance.
4H:
Trade closed: target reached:
-Target reached but first I was taken out at breakeven.
-Target reached but first I was taken out at breakeven.