H4 - Expecting ABCD correction after the Bullish Trend Pattern. We are now looking to trade the correction.
H1 - Bearish trend pattern, bearish hidden divergence, expecting new low to be created.
Invalidation - If the price moves higher, breaks and holds above the 61.8% fibonacci retracement level of the bearish trend pattern in one straight leg then this short term bearish view will be invalidated.
H1 - Bearish trend pattern, bearish hidden divergence, expecting new low to be created.
Invalidation - If the price moves higher, breaks and holds above the 61.8% fibonacci retracement level of the bearish trend pattern in one straight leg then this short term bearish view will be invalidated.