H4 - Special cycle has completed itself, currently a correction is happening.
We may expect this correction to happen in the form of double wave up until price reaches the 38.2% – 50% fibo retrace zone.
Once the price reaches this zone look for evidences of bearish reversal in the form of bearish divergence, false break, trend line breakout, etc..
We may then start looking for sells.
Note: Since weekly and daily are yet bearish, this is an aggressive approach (meaning – very low risks) and wait for double confirmations.
We may expect this correction to happen in the form of double wave up until price reaches the 38.2% – 50% fibo retrace zone.
Once the price reaches this zone look for evidences of bearish reversal in the form of bearish divergence, false break, trend line breakout, etc..
We may then start looking for sells.
Note: Since weekly and daily are yet bearish, this is an aggressive approach (meaning – very low risks) and wait for double confirmations.