Equal highs happened ,went short and hit the fibo OTE for entry level and take profit comes slightly above the previous highs .
after the push back towards the short the main move will occur towards the long
After the equal highs the price is bound to go higher than the previous highs then reset on the previous support zone
wait for the retracement level 62% to be achieved then hop in for sell only until then will you enter the trade
All the 3 moves have been achieved and exhaustion is happening signaling a chance of a reversal OTE traced using fibo retracement and target placed
Anticipating for a bearish reversal here entry placed at OTE and target pending orders advised and SL too
have traced the Optimal Trading Entry the trade is about reverse and target placed Buy Stop pending order is advised
Only trade after the fibo retracement hits the 62% point
only take the trade once the price retraces at the 61.8% fibo point
Retracement entry at EG for a short continuation Move .
after the consolidation it's bound to continue the trend as the impulse move . Trend = Downtrend.
Bearish Butterfly having formed after a retracement on the resistance a drop is expected hopefully to the support .
Only trade a buy trade once the bull flag is fully formed
Having achieved a bullish gartley we anticipate a bullish move ,TP illustrated by the long green arrow ,fibo retracement tracing out a good entry .
Retail going down ,support break will bring about a downtrend hopefully to the next support NB: only hop on the trade after breaking out of the demand zone .
By my analysis the reversal could happen today and it would either retrace in the middle of the yellow arrow or go straight for the second support but overall it is a short ...
A buy is incoming ...expecting it to take us up