OVERSOLD + BULLISH DIVERGENCE
Head & Shoulders
Coming up for structure at 0.00% Black H1 Fibonacci.
Wait for bearish reversal candlestick pattern to close for entry.
- Daily Supply Zone
- Head/Shoulders Pattern
- ABCD Projection
- 127.0 Blue H4 Fibonacci = Strong Resistance
If price comes up to retest shoulder during london, you can take the short going into new york.
Trend continuation trade targeting structure. Supply zone rejection, reversal off 38.2, rejection of trend line, 8 & 12 SMA crossing.
Good 1:3 risk reward ratio. Price coming up to double top and daily resistance.
Triple touch trend line, H4 resistance, 50% retracement, and supply zone.