H4 - Triple cycle up forming, based on the fibo extension levels of the two legs, we have a magnet zone. We also have a bearish divergence.
Price is nearing this magnet zone. Once price reaches this zone we may expect a bearish reversal to happen.
We may then start looking for sells with the breakout of the uptrend line.
Price is nearing this magnet zone. Once price reaches this zone we may expect a bearish reversal to happen.
We may then start looking for sells with the breakout of the uptrend line.