Latest price hovering between 50-61.8% retracement which is also support zone .
Waiting for momentum shift (bearish to bullish). Price will need to find support between 1 of the 2 blue support zones.
Chart Patterns:
Flag pattern
Ending Diagonal forming
Support & Resistance:
Blue zones: 4H
Yellow zone: 1H
Elliott Waves:
Black ABC: Zigzag...
Latest price hovering between 50-61.8% retracement which is also support zone.
Waiting for momentum shift (bearish to bullish) to retest blue resistance zone.
Chart Patterns :
Flag pattern.
ABCDE Triangle forming.
Support & Resistance :
Green zones: Daily
Blue zones: 4H
Yellow zone: 1H
Elliott Waves :
Black ABC: Flat Wave with ending diagonal (i,...
