คำอธิบาย
⋅ My confluences:
Weekly time frame:
Price is at the support level
Approaching Weekly 50EMA level
Daily:
Price is currently in a corrective phase after a huge impulse phase
4hrs:
The pattern within a pattern (In yellow lines)
Possibility of one more push to the downside and then a move to the upside
1hrs:
Lower time frame correction towards the lower trendline
For entry, I'm going to wait for a 1hr rejection candle