I assume we are in a chart pattern called "W" chape pattern and I found and intresting similarity with the recent wawe IN THE 4 HOUR timeframe from the date of 16.06.2021 to 22.06.2021 highlighted with the ellipse.
I mirrored the candle moves on that down wawe and it is 95% similar to the up wawe!
It's just an interesting idea, les's see the outcome in the coming week.
Do not forget we are still in a bearish phase, people are scared to buy fakeouts expected and beartraps.
It's not financial advice.
I mirrored the candle moves on that down wawe and it is 95% similar to the up wawe!
It's just an interesting idea, les's see the outcome in the coming week.
Do not forget we are still in a bearish phase, people are scared to buy fakeouts expected and beartraps.
It's not financial advice.