D1 - Bullish trend pattern followed by a correction in the form of consolidation. Currently, the price has broken above this consolidation.
H4 - Bullish trend pattern followed by a double wave correction. The price has broken above the most recent downtrend line.
H1 - Bullish trend pattern, expecting further continuation higher after pullbacks.
Invalidation - If the price moves lower, breaks, and holds below the 61.8% (236.41) fibonacci retracement level of this bullish trend pattern in one straight leg then this bullish view will be invalidated.
H4 - Bullish trend pattern followed by a double wave correction. The price has broken above the most recent downtrend line.
H1 - Bullish trend pattern, expecting further continuation higher after pullbacks.
Invalidation - If the price moves lower, breaks, and holds below the 61.8% (236.41) fibonacci retracement level of this bullish trend pattern in one straight leg then this bullish view will be invalidated.
Kommentar:
The price action followed my analysis and delivered an amazing move to the upside!