Lower low - higher high => higher low expectations

22 de abr. de 2023

We have a falling trend. Lower lows and lower highs are coming. Another lower low comes, after that a clear higher high comes which indicates the possibility of a trend reversal. After clearing the latest high, the expectation is to drop down to fib 0.618-0.79. I'm willing to buy at these levels. My stop loss is the latest lower low.