hey traders, i hope u having gr8 day so far as we expected, the Golden Ratio which comes from the HTF fib ext is still working as a support area
price made a shadow below the Golden Ratio in HTF like Weekly, and then we had another bullish wave in LTF like 1H 2H 4H
the confirmation for that move was the Harmonic Triangle or ascending triangle in LTF like 5m 15m at the key lvl which was the golden ratio after breaking up the Golden Ratio, we can take it as a potential SWAP area, so we can expect this lvl work as a potential support area in the next touches ( Yellow zone )
now, the price gets rejected in HTF like daily, and 4H at the 0.786 lvl as long as this lvl still works as a resistance area, we can expect this sell pressure continue to the midline of the parallel channel as a tp1 and bottom of the channel which confirmed by SWAP area as a TP2 n full Target
What u think about Bitty ? share ur thoughts n leave a comment
Catatan
still rejecting from the lvl in LTF make sure u will protect ur profit
Catatan
TP1 u can close, or keep it open n put ur sl in+
Catatan
Catatan
theres a chance for this channel 2 push the price up so, if u still in position, make sure u will protect ur profile
Catatan
theres an update that u can check make sure u will check the profile for more ideas n details
Catatan
hit the SL in + around 64600 waiting for another confirmation
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