- Wave C of the Zigzag wave can be 123.6%(Current) or 161.8% of Wave A, so the downside is not that much now.
- After triple combination correction wave, it will follow by impulse wave.
- RSI TF week is oversold with a bullish divergence
Price action and chart pattern trading setup
> A possible bullish uptrend ABC scenario with complex inverse head & shoulders pattern with SMMA50D as its neckline BREAKOUT!
> The candlestick pattern is consolidating just above the breakout area which possibly retest its neckline next week before price push higher.
> Entry @ B1: PULLBACK retesting neckline within...
