H4 - Price has reached the bottom of the range, if we didn’t get a valid breakout here we may then expect the price to move higher again.
We also have double wave down, price is nearing 61.8 level. Potential bullish divergence.
H1 - We have a critical zone that has formed based on the fibo levels of the cycles.
Price has currently reached this critical zone, bullish divergence.
We may now look for buys with bullish evidences.
We also have double wave down, price is nearing 61.8 level. Potential bullish divergence.
H1 - We have a critical zone that has formed based on the fibo levels of the cycles.
Price has currently reached this critical zone, bullish divergence.
We may now look for buys with bullish evidences.