- 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
Triple Combination Ending with Zigzag wave Wave C can be 123.6% or 161.8% of wave A
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...