m- pa has been continuing bearish
*closed as a bear hammer w wick rejection from LOWs
*pa has broken monthly lows which include SUP (prior HL) zone, W SUP 0.6240, a prior monthly low, & has wicked from M SUP 0.5730
-pa tested low region M SUPP leaving long lower wick
-body of candle back in support zone which is W SUP 0.7240 range
-overall pa has made a new monthly LL
w- a new LL created
-pa reached a sup area and has paused in bear trend
-how far will correction go? ; will it pull back to channel broken out of OR to previous SUP(prior LL)
-keep in mind W SUP 0.6240 within SUPP zone
d-will a new LH be created?
-pa should be in a bullish counter trend (PULLBACK)
4h- bullish ctl added
pa broke and is now in a bearish channel
reason of entry = high broken on lower tf (1h+15m) w a retest to res broken
*closed as a bear hammer w wick rejection from LOWs
*pa has broken monthly lows which include SUP (prior HL) zone, W SUP 0.6240, a prior monthly low, & has wicked from M SUP 0.5730
-pa tested low region M SUPP leaving long lower wick
-body of candle back in support zone which is W SUP 0.7240 range
-overall pa has made a new monthly LL
w- a new LL created
-pa reached a sup area and has paused in bear trend
-how far will correction go? ; will it pull back to channel broken out of OR to previous SUP(prior LL)
-keep in mind W SUP 0.6240 within SUPP zone
d-will a new LH be created?
-pa should be in a bullish counter trend (PULLBACK)
4h- bullish ctl added
pa broke and is now in a bearish channel
reason of entry = high broken on lower tf (1h+15m) w a retest to res broken
-pa has reached the previous SUP but doesnt look to be slowing down on bullish momo
finding entry is the next step