Potential Reversal Zone for a long term target
Target is the blue area between the two orange vertical lines
1st Sl: below 1.618 ( below the red area )
2nd Sl: making new lows after the time period between the two blue vertical lines
If both stop losses trigger as long as the pattern is valid a new entering price must be found
1st Sl: below 1.618 ( below the red area )
2nd Sl: making new lows after the time period between the two blue vertical lines
If both stop losses trigger as long as the pattern is valid a new entering price must be found