Bottom formation on EURGBP
Weekly timeframe
- Bigger picture bullish impulse bearish relief counter to the trend
- Retest of the false break zone
- Inverse head and shoulders/fake-out flag
- Bullish fib in play
- Bullish supply and demand zone
Daily timeframe
- Bottom formation (double bottom/reversal indication)
- Multiple not yet completed bullish M's (one fake-out/outer structure)
- Inverse head and shoulders as the scale-in
4H/2H timeframe
- 5 leg fib completion (-68) aligning nicely with my daily supply and demand zone
- Bigger picture bullish impulse bearish relief counter to the trend
- Retest of the false break zone
- Inverse head and shoulders/fake-out flag
- Bullish fib in play
- Bullish supply and demand zone
Daily timeframe
- Bottom formation (double bottom/reversal indication)
- Multiple not yet completed bullish M's (one fake-out/outer structure)
- Inverse head and shoulders as the scale-in
4H/2H timeframe
- 5 leg fib completion (-68) aligning nicely with my daily supply and demand zone
כתב ויתור
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