This week, we may have price coming into a very key price area because we have a lot of structure meeting at one price.

So for this week, I will be paying attention to how exactly price action gets us to this area. Specifically, I would like to see a double bottom or a descending channel form which would indicate a potential reversal.

Long term Take profit would be at the top of structure, but I will monitor price action on the way up!

Chart Patterns

Haftungsausschluss