On top is FTR zone sell- red colour which price retest for the first time.
Bottom, got 1 left shoulder LS which inline with hidden base..
So At this point Im target price will retest at this hidden base to complete HNS pattern..hidden base=right shoulder..
Monthly TF.. Sellers shows weakness.
Price stop at hidden zone @ weekly/daily TF and show rejection.
Blue zone is the best point. 50% retracement from pinbar.
Trade at your own risk. TAYOR
BuY BotTom, SeLL hIgH.
Base on major trend, price retrace more than 50% from current high.
at TF Weekly, hammer candlestick pattern formed.
TF H4 > New HH at minor trend.
Watch green zone area for any rejection. inverted HNS Pattern
CL if break LL area.
Trading ideas for GDEX.
Price retrace since NOV 2020 and now at support area.
Chart pattern shows flag continuation pattern.
Inside bar may be last indication which direction price will be.. Either breakout retest / or false breakout entry.
CL if candle break demand area
Price retrace more than 61.8% from current major uptrend.
Already show sign of bullish (morning star pattern) at Monthly TF but retrace (flag continuation pattern) at Weekly TF and suddenly broke up.
Another pattern is inverted Head n shoulder.
CL if break 0.8.