Description
⋅ Monthly:
Price is showing some deceleration and it is retesting previous broken structure.
Weekly:
Price is forming an inverese H&S pattern that could indicate to us more upside potential.
Daily:
Price is also forming an inverse H&S pattern and it also rejected the lows.
4H:
Price is forming 4h inverse H&S too so we can expect anothe push to the upside at least to the
BOC (Beginning of the correction).
Trade active
⋅ Monthly:
Weekly:
Daily:
4H: Trade active
⋅ Price is failing to make bullish structure so we should wait for more confirmation to take a trade. Order cancelled
⋅ We did not get any confirmation or any change in structure so the move now is not valid anymore.