Confirmation #1: Downtrend on 1H Confirmation #2: Downtrend on 1M Confirmation #3: Price below 62 EMA Confirmation #4: Price below quarter theory
Pitchfork resistance Quarter theory resistance Broken 1M uptrend Lower high and red trend bars on 1M FAST Wave convergence on 1M FAST Price at sell extreme zone on 15M FAST
Uptrend on 15M Broken Pitchfork resistance, retested as new support Wave convergence on 1M FAST Waves exiting buy extreme zone on 1M FAST Impulsive bullish push off pitchfork support and green trend bar flip
Confirmations: Two pitchfork resistance levels, price rejecting Broken uptrend on 1M, retested Wave convergence on 1M sell extreme zone on FAST, leaving sell extreme, making lower high and red trend bars
Price at PF support Broken 1M downtrend Bullish candle and higher low and green trend bar on 1M FAST
Price touched PF resistance 5M, 15M, and 1M wave convergence in sell extreme zone on 1M FAST Lower high and red trend bar on 1M FAST
Price reversed off PF and quarter theory resistance 5M & 15M waves leaving sell extreme zone on 1M FAST Price curling at 15M extreme zone
Price at PF support Price curling at buy extreme on 15M FAST 5M & 15M leaving buy extreme on 1M FAST
Price rejected off PF resistance Lower high and red trend bars on 1M FAST
Price at PF support Higher low and green trend bar on 1M FAST
Price reversed off two PF resistance levels Downtrend on 15M (higher low and red trend bar on FAST) Downtrend on 1M FAST Broken PF support, new resistance holding