A technical breakdown of Alcoa looking at 3 different setups all completing in the same zone.
SETUP 1 - A Fibonacci inversion trade where price is expected to terminate after it's most recent pullback
SETIP 2 - A bullish Cypher pattern which is an Advanced pattern formation that forms after a period of indecision.
SETUP 3 0 A potential bullish Gartley which is a harmonic pattern which complete within our previous structure killzone.
Questions, comments & ideas, please leave them below.
I wish you guys a great end to your trading week and a great weekend as well.
Akil