D1 - We have two waves down, price reached the magnet zone and then pushed higher.
H4 - Big double cycle. Bullish divergence with false break followed by bullish convergence.
H1 - Now look for double wave correction and then we can go long with the breakout of the trend line . The double wave should stop within the zone shown in the screenshot.
This is a very strong zone and breaking below that would be a warning sign for us.
his scenario is valid as long as the last low shown in the screenshot is holding.
H4 - Big double cycle. Bullish divergence with false break followed by bullish convergence.
H1 - Now look for double wave correction and then we can go long with the breakout of the trend line . The double wave should stop within the zone shown in the screenshot.
This is a very strong zone and breaking below that would be a warning sign for us.
his scenario is valid as long as the last low shown in the screenshot is holding.