HIGH PROBABILITY SETUP
Price broke out of the descending channel and impulsed back into structure on the weekly. The daily TF is showing a large correction for price to continue to the downside. Price broke the 4HR double top correctively in a 3 touch ascending within an ascending pattern. Entry order set as 1HR was retracing forming an arc. Price is in a great area of value.
Price broke out of the descending channel and impulsed back into structure on the weekly. The daily TF is showing a large correction for price to continue to the downside. Price broke the 4HR double top correctively in a 3 touch ascending within an ascending pattern. Entry order set as 1HR was retracing forming an arc. Price is in a great area of value.