Monthly: 
We have 2 -27 fib completions that haven't reached just yet
Clear uptrend
Weekly:
Bullish M
Daily:
We had a nice false break, the IC pushed the price up very strong. Since then we had 3 small corrective daily candles.
There is no real 'strong' daily zone that could push the price lower. Thats why im looking for an inv h&s
4H:
Before the big 4h bullish reversal cande, we had a beautiful bearish W which completed the bearish move.
Multiple fib completions around our entry and just below.
Stop loss is bigger, entry price is higher because spread on excotics could be high
We have 2 -27 fib completions that haven't reached just yet
Clear uptrend
Weekly:
Bullish M
Daily:
We had a nice false break, the IC pushed the price up very strong. Since then we had 3 small corrective daily candles.
There is no real 'strong' daily zone that could push the price lower. Thats why im looking for an inv h&s
4H:
Before the big 4h bullish reversal cande, we had a beautiful bearish W which completed the bearish move.
Multiple fib completions around our entry and just below.
Stop loss is bigger, entry price is higher because spread on excotics could be high
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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.