Hi guys so looking at weekly timeframe i see we have a clear ascending channel pattern that has just been broken out of impulsive but market didnt give us a signal to continue downwards inform of a continuation pattern ,i moved to daily timeframe and saw market is currently in a corrective phase inform of a big bullish flag or descending pattern telling us that we still looking for buying opportunities since market is not ready to sell longterm trend .Moving to 4hour i saw that we have a descending pattern inside a descending pattern double confirmation that market is going to buy then moving to 1 hour i saw market is in a range or consolidation also we have a buy signal inform of bullish engulving or 1 hour retracement candlestick and finally on 15 minute i saw we have a small descending pattern that has just been broken out of , so overall i see a bullish setup .
NOTE ALL I SAY IS NOT FINANCIAL ADVICE OF WHAT EXACTLY WILL HAPPEN DO YOUR OWN ANALYSIS ITS JUST MY VIEW OF WHAT I SEE .
NOTE ALL I SAY IS NOT FINANCIAL ADVICE OF WHAT EXACTLY WILL HAPPEN DO YOUR OWN ANALYSIS ITS JUST MY VIEW OF WHAT I SEE .