We can see Price has shown Strong rejection off the 0.618 Fib creating a morning star reversal candlestick pattern. Although it looks like its creating LH and LL, the higher TF always rule!
Daily - This also shows a Inverse H&S retest.
Daily - This also shows a Inverse H&S retest.
Trade ist aktiv:
I've personally entered this trade now after seeing the double bottom formation on the 0.618 Fib retracement
Looks as if we got the same Morning star reversal as before, *could* see a push upwards now.