I began by looking for support and resistance areas and plotted two trendlines which highlighted a nice elliot wave setup on the daily timeframe.
I then went down to the 4 hour chart and spotted another wave which corresponded with the daily wave. This, combined with the price's position on the weekly support zone, W chart pattern on the hourly chart, SCREAM for a buy.
I then went down to the 4 hour chart and spotted another wave which corresponded with the daily wave. This, combined with the price's position on the weekly support zone, W chart pattern on the hourly chart, SCREAM for a buy.