Based on the current retracement to meet the previous Monthly High, We could say that this month has a Wick to fill.
-The Lower wicks From the previous Two weeks formed a Higher Low and a Bullish reversal pattern that we can observe when we go into the Lower Timeframes.
- In the Daily Timeframe, We can observe strong Bullish candles that can be used to confirm the Bullish Continuation through the Daily Timeframes.
With all this confluence based on the Top-Down approach, we could therefore look for an entry on the lower timeframes, mine would be based on the H4 TF with the expectation of a long move towards the next Key Level, which is the top wick on the Weekly Timeframe.
-The Lower wicks From the previous Two weeks formed a Higher Low and a Bullish reversal pattern that we can observe when we go into the Lower Timeframes.
- In the Daily Timeframe, We can observe strong Bullish candles that can be used to confirm the Bullish Continuation through the Daily Timeframes.
With all this confluence based on the Top-Down approach, we could therefore look for an entry on the lower timeframes, mine would be based on the H4 TF with the expectation of a long move towards the next Key Level, which is the top wick on the Weekly Timeframe.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。