Based on HTF AJ currently in a bearish mode
But I see that some correction could be made on an upside
Key point 4H swing high has to be broken
&
retracement has to occur.
If criteria will be met next 4H high possible target
But I see that some correction could be made on an upside
Key point 4H swing high has to be broken
&
retracement has to occur.
If criteria will be met next 4H high possible target
Note
03:254H swing high has been broken
now the retracement has to occur
Note
well, missed trade price reached a bit below 50% of fib
but I was waiting for deeper
retracement so it ran up without me
Next day will bring more opportunities
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.