Hello Everyone,wishing you all a happy week ahead.
Potential ABCD pattern about to be formed close to a nice rejection zone. In my early estimation, once it hits the green entry area it might get a strong rejection. Please take daily chart into consideration,so on lower timeframes some bullish moves might be seen till it hits entry zone. (According to ABCD time rule, during this weekdays it should hit the entry zone and return based on daily chart)
This is Not an investment advice,will be one of my limit-orders during the week.
Regards,
Zelâl
Potential ABCD pattern about to be formed close to a nice rejection zone. In my early estimation, once it hits the green entry area it might get a strong rejection. Please take daily chart into consideration,so on lower timeframes some bullish moves might be seen till it hits entry zone. (According to ABCD time rule, during this weekdays it should hit the entry zone and return based on daily chart)
This is Not an investment advice,will be one of my limit-orders during the week.
Regards,
Zelâl