Hi traders,
price has now created a double bottom on the Daily time frame, on the 1h we can also see its at bottom of structure. Price action should push to test the top of structure now after a continued bearish movement since 21st Oct.
IF top of structure is broken, price should continue to rise to the 0.5 or 0.618 fib region on the daily
price has now created a double bottom on the Daily time frame, on the 1h we can also see its at bottom of structure. Price action should push to test the top of structure now after a continued bearish movement since 21st Oct.
IF top of structure is broken, price should continue to rise to the 0.5 or 0.618 fib region on the daily
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.