Looks like price is making a BAMM. Im following the price till it gets to the next 2 points. look for reversal pattern
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Price has made a retractment, playing inside a bearish channel, next objective is 160 dls
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So far so good. Price is moving as I was specting. next resistance wuould be previous D1 low
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Price action following the bearish channel in a BAMM. another harmonic here a small abc. next resistance at 248
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Price is making a breakout of the bearish channel. two scenarios, a real breakout or a fadeout
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Target Achieved. Now ina Resistance Zone. But price action is still bearish. no clear signs for a Buy Setup, Still waiting for 150 dls for this https://setp.https://www.tradingview.com/x/NyLB87q2/
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Final target completed. now looking for reversal. bulls are coming....
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Wait for channel breakout.
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bearish channel breakout, wait for pullback an go bull
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IvanMadrazo
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IvanMadrazo
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C Red leg is retracting. Still in a bearish trend.
IvanMadrazo
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So far so good. Price is moving as I was specting. next resistance wuould be previous D1 low.
IvanMadrazo
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Invalid Pattern. trade not active. Lets find another potential reversal zone