Bank of AmericaShort
Bank Of America Buy Idea
D1 - Price moving inside range, bullish divergence is forming.
H4 - If we get this H4 cycle inside the D1 range we can look for buys in the short term, as long as the bottom of the range is holding.
There is already divergence and price reacted from the 61.8% fibo retracement
D1 - Bearish Scenario
In case the range is broken down we can expect the price to move lower towards the 18-19 zone
If we get a confirmed breakout we can look for sells towards the next level.
H4 - If we get this H4 cycle inside the D1 range we can look for buys in the short term, as long as the bottom of the range is holding.
There is already divergence and price reacted from the 61.8% fibo retracement
D1 - Bearish Scenario
In case the range is broken down we can expect the price to move lower towards the 18-19 zone
If we get a confirmed breakout we can look for sells towards the next level.
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