D1 - Double cycle completed, we may now expect the price to move higher until it reaches the 38.2% retrace zone.
H4 - Price broke the most recent downtrend line and retested it. We may start looking for buys now.
Invalidation - If the price moves lower and holds below this downtrend line, then this setup is invalidated
H4 - Price broke the most recent downtrend line and retested it. We may start looking for buys now.
Invalidation - If the price moves lower and holds below this downtrend line, then this setup is invalidated