Hello everyone!
With a sharp drop, price stopped at strong support ($ 3600).
Scenario 1 on bullish rises:
Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600)
The surest entry is with test the bearish flag from top. Close to the price ($ 3900)
Scenario 2 for bearish rides:
Testing a bear flag from below and it will drop (Book play)
The best place to entry in this situation is the second low at $ 3,600 tested from the bottom.
In this scenario, I aim to test the highs from 09/23 and 09/27, which have not been tested and are very close to 0.5 FIB
I myself will deal with a new one with my strategy if it happens.
Comment and like.
Greetings!
With a sharp drop, price stopped at strong support ($ 3600).
Scenario 1 on bullish rises:
Make a quick comeback with a bear flag top test or create a short term double bottom on strong support ($ 3600)
The surest entry is with test the bearish flag from top. Close to the price ($ 3900)
Scenario 2 for bearish rides:
Testing a bear flag from below and it will drop (Book play)
The best place to entry in this situation is the second low at $ 3,600 tested from the bottom.
In this scenario, I aim to test the highs from 09/23 and 09/27, which have not been tested and are very close to 0.5 FIB
I myself will deal with a new one with my strategy if it happens.
Comment and like.
Greetings!