On Weekly, Price is in downtrend
On 4H and Daily , Price is currently in Uptrend
Potential Buy setup - Wait for the price to pullback into previous higher high ($17381) and FIB 50% in 4H timeframe and look for entry pattern (1H/30M/4H Engulfing or Strong rejections) . If the entry pattern don't show up, Don't force it
BUY SETUP Take Profits - $18000, and $18400
Potential Sell Setup - Wait for the price to go to $18400 and look for entry pattern (Strictly 4H Engulfing or strong rejection or even lower time frame downtrend).
SELL SETUP Take Profit - $15800
On 4H and Daily , Price is currently in Uptrend
Potential Buy setup - Wait for the price to pullback into previous higher high ($17381) and FIB 50% in 4H timeframe and look for entry pattern (1H/30M/4H Engulfing or Strong rejections) . If the entry pattern don't show up, Don't force it
BUY SETUP Take Profits - $18000, and $18400
Potential Sell Setup - Wait for the price to go to $18400 and look for entry pattern (Strictly 4H Engulfing or strong rejection or even lower time frame downtrend).
SELL SETUP Take Profit - $15800