Timeframe: 4H
Simple ABCD movement, caught the short on the C leg, in a bearish fib zone, with a BRC of a broken support turned resistance. Broke through a bullish TL on this timeframe, which indicates bearish movements. Took out a previous low which should now act as resistance.
Simple ABCD movement, caught the short on the C leg, in a bearish fib zone, with a BRC of a broken support turned resistance. Broke through a bullish TL on this timeframe, which indicates bearish movements. Took out a previous low which should now act as resistance.
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