Ok now that we have Weekly and Daily covered with a short bias time to look for potential set ups on the drop down TF's.
To kick things off and get straight to technicals...
4HR:
We can see after our extreme high we put in a new LL - 4HR
Now I've identified a possible AB=CD to Monthly SUPP upon taking fibs from these levels - 4HR
We could retrace from 0.71620 as it is the 50% fib so i'll be monitoring PA - 4HR
We see a pattern emerging as well. One of those harmonic ones. - 4HR
Although we were heading higher previously we clearly have changed direction one could argue as we have put in a new LL and also had a clean break and retest of Ascending Channel Mid (Green Ascending Line) - 4HR
Overall I see us heading higher before we go down:
Don't get caught lackin.
Trade with Confidence.
Trade Confluences.
Just look for Confluences and Trade Em'
To kick things off and get straight to technicals...
4HR:
We can see after our extreme high we put in a new LL - 4HR
Now I've identified a possible AB=CD to Monthly SUPP upon taking fibs from these levels - 4HR
We could retrace from 0.71620 as it is the 50% fib so i'll be monitoring PA - 4HR
We see a pattern emerging as well. One of those harmonic ones. - 4HR
Although we were heading higher previously we clearly have changed direction one could argue as we have put in a new LL and also had a clean break and retest of Ascending Channel Mid (Green Ascending Line) - 4HR
Overall I see us heading higher before we go down:
Don't get caught lackin.
Trade with Confidence.
Trade Confluences.
Just look for Confluences and Trade Em'
