Here is how I can see 3 bullish drives
1. W formation with a higher second bottom
2. Points 4 to 5 looks like bullish consolidation to me. Especially if we drop to .78 - 88% as mentioned 3 ideas ago.
I like using where price open/closes with 2 opposite candles when I use my lines.
I think this is a more accurate when u use the medium horizontal price of an average calculation between tops and bottoms.
This idea represents LONG. As you can see we are trying to break out right now on this 15M chart 4 to 5 leg
1. W formation with a higher second bottom
2. Points 4 to 5 looks like bullish consolidation to me. Especially if we drop to .78 - 88% as mentioned 3 ideas ago.
I like using where price open/closes with 2 opposite candles when I use my lines.
I think this is a more accurate when u use the medium horizontal price of an average calculation between tops and bottoms.
This idea represents LONG. As you can see we are trying to break out right now on this 15M chart 4 to 5 leg
