Up trend continuation 50-61,8% Fibonacci New leg extension
- Upside continuation - Trend line re-test - Confluence zone
- Strong confluence zone - Resistence trend line re-test
- Strong price rejection - Exhaustion candles and Evening Star pattern created - Price downside projection forecast
- Confluence zone achieved - Support trend line 3rd touch - Strong short candle formed
- No strength enough to continue downside - Rejection and strong support - Price is going to re-test again previous highs
- No enough strength to break upside price - Confluence price observed and strong rejection on resistance trend line - A new short leg-expansion expected until previous low (at least)
- Retest to previous low and strong price rejection - Multiple candles engulfed - Downside projection until at least last low
- Confluence zone - Strong price rejection - Downside projection expected
- Market is stuck in the price 0.92141 - Waiting break-out of this price and buy it
- Price arriving support zone and re-testing again support trend line - Engulfing candle (trigger)
- Following the trend - Down trend continuation - Bearish > Bullish
- Consolidation and accummulation broken - Down trend continuation - 2D Chart
