1) Top-down analysis
Weekly - Previous week long wick
Daily - previous daily closure, Great closure for continuation
4H - Break of trendline
2) Confluences
a. break and retest
b. FIB 1H 38.2%
c. Trendline
Weekly - Previous week long wick
Daily - previous daily closure, Great closure for continuation
4H - Break of trendline
2) Confluences
a. break and retest
b. FIB 1H 38.2%
c. Trendline
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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.
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.