1- Currently in wave 4 or A, moving upwards for wave 5 or A
2- Support at 50% Fib retracement.
3- Bullish daily and weekly Candlestick.
4- Stochastic Oversold.
Buy at current market price: SL: 81.730 TP: 88.6oo
Comments
UnknownUnicorn326052
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If the candle closes in 10 minutes at these levels (83) we will have one massive bullish engulfing candle which is a good sign for the weeks to come.
WassimAzhari1
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@_VincentP_, yup, and it did :)
UnknownUnicorn326052
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@WassimAzhari1, I'm also seeing a reversed H&S pattern. Whether we are at the start of a long bullish move or not is something we'll have to wait and see but if you are patient enough, this can turn into something beautiful :)