Counting this pattern which could be considered a W patter nif we see a rise in price from the place we are now.
Overall price is in a large down channel on the monthly, but we wont pay attention to that for now.
(1) is the shoulders of the W
(2) is the bottoms of the W
(3) is the middle of the W
Overall price is in a large down channel on the monthly, but we wont pay attention to that for now.
(1) is the shoulders of the W
(2) is the bottoms of the W
(3) is the middle of the W
