Bullish Structure from monthly all the way down to daily time frame
Situation in Monthly time frame
Weekly
In weekly time frame we have the same situation that we have in Monthly.
Daily
In daily time frame If we take the fibonacci from low to high we can see that the price is respecting the .786 fibonacci level.
Also we have a M formation where we can definitely expect the completion to the Neckline.
Conclusion
In conclusion we can see that the structure in all the higher time frames is in confluence. In short term we can definitely expect the continuation to the upside at least to the neckline of the M formation. Also in long term we can expect a new higher high.
Situation in Monthly time frame
Weekly
In weekly time frame we have the same situation that we have in Monthly.
Daily
In daily time frame If we take the fibonacci from low to high we can see that the price is respecting the .786 fibonacci level.
Also we have a M formation where we can definitely expect the completion to the Neckline.
Conclusion
In conclusion we can see that the structure in all the higher time frames is in confluence. In short term we can definitely expect the continuation to the upside at least to the neckline of the M formation. Also in long term we can expect a new higher high.
交易开始:
Price is on the way to the first target
交易开始:
Price came back to entry point but we can definitely expect the price to reach our first target
交易结束:到达目标
交易开始:
Our first target have been reach. Now we are aiming to our second target.
Wiiso