in the 2hr timeframe we can see price is creating an equal high in the resistance area , and when price bounced from the resist to the support ,
We see a change of structure with a form of inverse head n shoulder pattern , with the rejection at the 78.60% just at the golden area ,
in this case we can take a long opportunity with the current oversold market , but we need price to break the EQH then we can a see a push to the upside .
RR 1:4
let me know what do you think about this one !
We see a change of structure with a form of inverse head n shoulder pattern , with the rejection at the 78.60% just at the golden area ,
in this case we can take a long opportunity with the current oversold market , but we need price to break the EQH then we can a see a push to the upside .
RR 1:4
let me know what do you think about this one !