We have a bullish overall swing structure on the 4H since price took out 1.09160 high. Price has now established an internal downtrend structure as a corrective wave for the overall bullish swing stucture.
The idea of this setup is to join the bearish internal structure. Price has given us a good opportunity at the 50% fib range.
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.