Monthly candle shows an M pattern and a potential move to the neckline is expected.
Weekly candle shows a strong impulse to the downside and a correction to at least the 0.32 fib level is expected too.
Daily candle shows a W formation and a correction to the neckline has just been completed therefore a move to the upside is expected.
So far Monthly, Weekly and Daily timeframes suggest a move to the upside so why not.
Weekly candle shows a strong impulse to the downside and a correction to at least the 0.32 fib level is expected too.
Daily candle shows a W formation and a correction to the neckline has just been completed therefore a move to the upside is expected.
So far Monthly, Weekly and Daily timeframes suggest a move to the upside so why not.