USE THIS TO GUIDE YOURS I PREVIOUSLY SHORTED RETEST USING FRACTAL IN 60 MIN LINK BELOW
here we see that we could be forming a inverse hs within this new range.
We recently broke out of a up trend and falling through previous support/s what we can do now is wait and see if it will hold this key resistance/support it is currently trying to get above. We have bearish momentum leading me to believe it will fail to hold support. We are also lined up with the .50 Fib ratio. We also have a bearish divergence on the 4 hour...
Here is a fractal that I will be making my moves based of off, volume decreasing. We can expect volatility up or down in the next few days.
Break and retest of key resistance lining up with 61 fib ratio. Wait for break of trend line, conformation unless you want to be aggressive.
we are coming close to a upward trend line monthly support in blue! we can expect a push up if we break the resistance in orange and retest it. Buy after conformation (break and retest of orange resistance)
Hello every one, This is just one of the many scenarios that can happen. Mainly I believe it may range for another month but I identified a trend reversal within the ranging zone so, until(if) we see a break down from the black dotted trend line once that happens we can then expect multiple rejections on the 50 EMA and around the key s/r zone in blue. Around the...