Follow-up to previous idea. May present great short idea for pullback to levels indicated within the bright-green dashed lines.
Use risk management and a stoploss, always!
Cheers!
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NOTE: The Green box that reads 'May see a reversal into this zone ' is mispelled :-) AND: I don't mean price will extend to the box itself and where it is on the chart, it only refers to where the dashed lines are, just to clarify. ⚡
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A more detailed view for reference. NOTE 1: Corrective-Wave - A, has formed shortly after posting. NOTE 2: Notice the average pullback cluster area in the shaded box, sits neatly on top of a High-Volume node / Heavy Support level.
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BEARISH DIVERGENCES ON OSCILLATORS IN MULTIPLE TIME FRAMES CAN BE VIEWED BELOW ----------------------------------------------------------------------------- ⬇ 1HR ON LEFT, 4H ON RIGHT ⬇
⬇ 12HR ON LEFT, 1D ON RIGHT ⬇
⬇ 2D ON LEFT, 3D ON RIGHT ⬇
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First Gann Angle giving directional support and resistance drawn after Corrective Leg A Formed -------------------------------------------------------------------------------------------------------------------
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Analysis would have been accurate but 1/5 Split occurred
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