UCAD 8H S Idea 4/20/24Looking for the 8H H&S to complete with price dropping at least to the daily 50% FIB level. This is also the 8H high from 4/5/24.
This area is:
-the Monthly bullish .382 FIB level
-the Previous month high
-the Weekly level of 4/7/24
-the 8H 4/5/24 High
Price will either:
-break and retest at this area to continue bearish
-price can reverse in this area to continue back bullish
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BUT price could very well continue bullish at market open as well.
We'll have to wait and see what the market decides to do from here
**This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
