ABDUCTIVE LOGIC: This is a REVERSAL

If it looks like a duck,

If it walks like a duck...

Quacks like a duck...



Yes the macro is bearish

But macro is a product of smart money, just like the news

This chart is bullish

We have already rejected the 50% retrace and this was done with time and price squared as I've shown you previously

We are now testing the 0.382 fib support

But moreover, all of this PA has come at THE potential reversal zone which is centred upon the Andrews Fork off the last 3 pivots



No one thinks the bottom is in

That's why it's probably in

IDEA FOR ENTERTAINMENT ONLY

DYOR