Let’s go back to the structure to understand it! ✍️
Don't hesitate to leave a like if you want more! ❤️❤️❤️❤️
I've seen a lot of people say that in red, we have a BOS or MSB. (I hesitated a lot too!)
In conclusion, we have a FAKE BOS, we went back to ABC and not all at once. The big difference is there!
On the other hand, the COS is super valid and we did not manage to make a new top to validate a bullish COS.
No new high = new low!
So drawing a fibo from the lowest point towards (C) is false because no BOS and no bullish COS!!
So thinking that the OTE zone was the bottom is wrong!
We are here in a very large ABC! (GIGA BULLISH!!)
