possible LONG scenario based on weekly chart
another DiNapoli B&B pattern on weekly chart
+ possible H&S pattern on H1
B&B pattern: at least 8 (and more) candles above SMA 3 (offset is 3). then first retracement (38.2, sometimes 50%) hit within 3 candles
1st target is oposite retracement to 61.8
+ possible H&S pattern on H1
B&B pattern: at least 8 (and more) candles above SMA 3 (offset is 3). then first retracement (38.2, sometimes 50%) hit within 3 candles
1st target is oposite retracement to 61.8
Kommentera:
H&S in place and broken. possible next target 61.8 fib retracement on weekly chart around 1.321
Kommentera:
:)
