W1 - The price has reached the bottom of this channel and if we didn’t get a valid breakout here (false breaks are acceptable) we may then expect the price to move higher again.
D1 - We have two magnet zones formed based on the bigger and smaller double cycles. We may expect a reversal to happen from any of these magnet zones.
Once the price reaches the magnet zone look for bullish evidences and once we get the confirmation for bullish momentum you can then start looking for buys.
D1 - We have two magnet zones formed based on the bigger and smaller double cycles. We may expect a reversal to happen from any of these magnet zones.
Once the price reaches the magnet zone look for bullish evidences and once we get the confirmation for bullish momentum you can then start looking for buys.