After an expansion on Tue, price consolidated before a contraction move on Thu, follow by a consolidation on Fri. I believe this contraction move is to suck in the sellers. And in the coming week, there should be a push below Thu and Fri low to suck in more seller to the PRZ indicated(which coincide with previous structure high and F6 of swing low, swing high), before a push for bullish continuation.
Glossary
Expansion -Bullish Engulf
Contraction - Bearish Engulf
PRZ - Potential Reversal Zone
F6 - Fibonacci 61.8
Glossary
Expansion -Bullish Engulf
Contraction - Bearish Engulf
PRZ - Potential Reversal Zone
F6 - Fibonacci 61.8
تم فتح الصفقة
تم إغلاق الصفقة يدويًا:
Price reacted to a zone, came off and close the day lower. That's signal to close the trade