edwards.khalil11

edwards.khalil11

Strong support around the 50% level

edwards.khalil11

Currently forming a bullish pennant. Could rise slowly to the 61.8 , maybe we see a fib extension occur here.

edwards.khalil11

TP 1 ... 38% TP 2 ... 61.8%

edwards.khalil11

1st leg of impulse wave Will most likely create a higher low

edwards.khalil11

Confluence

edwards.khalil11

Had an insane retest of the previous level! I'm certain many people got stopped out or pulled in lol

edwards.khalil11

It is now showing bearing movement. 2 projected paths

edwards.khalil11

forming a double bottom . Looks like a stop hunt maybe?

edwards.khalil11

Fibonacci confluence SMA flowing smoothly down

edwards.khalil11

Quick pull back If it creates a higher low , we know what to expect. Up up and away ^ I

edwards.khalil11

TP 1 & 2 Hit , Just broke to a higher low, lets see if this is the impulse wave begins

edwards.khalil11

Lets go baby, in the money ! 1:3 risk reward! TP 59 PIP

edwards.khalil11

Nice head and shoulders formed

edwards.khalil11

Placed fib on the last swing high , swing low. Market is respecting support and resistance really well in conjunction with Fibonacci levels. Aiming for 61.8 level