Confluence of a butterfly and bat pattern.
This reversal area (marked as a red box) also aligns with a previous support/resistance zone (marked as a blue box)
Price has also broken the volatility bands on the TDI and it appears to be overbought at the moment.
Wait for confirmation before entering.
TPS are the .382 and the.618
This reversal area (marked as a red box) also aligns with a previous support/resistance zone (marked as a blue box)
Price has also broken the volatility bands on the TDI and it appears to be overbought at the moment.
Wait for confirmation before entering.
TPS are the .382 and the.618