Completed ab-cd + Double bottom with bullish divergence
618 fib+ daily support congestion + broken ctl
2 Bullish pattern breakout in both 1h and 4h chart
Wait for neckline to break for extra confirmation
Buy the breakout for extra confirmation.
Buy the breakout
I suggest waiting for channel breakout to sell.
Entry after 97.900 close just for extra confirmation.
Possible X-E triangle pattern , wait for the breakout before buying.
T1 T2 are respective boxes
2 scenarios that might happen
High Risk Reward, can enter aggresively on e or wait for the breakout.
Weekly Chart :
Possible short term long setup
1 year trendline broken on higher time frame, I think its time for another fall after retest.
Support+fib line up