The picture above is a forecast for the London/New York session at 14 GMT.
We can see a HTF daily Descending channel with a HTF double bottom.
Latest price action formed multiple impulse and correction and now were in a larger LTF corrective phase.
We can spot a LTF double bottom as well as latest price action like W-style pattern
And now I'm desperately waiting for breakout for entry, sL and Tp set
We can see a HTF daily Descending channel with a HTF double bottom.
Latest price action formed multiple impulse and correction and now were in a larger LTF corrective phase.
We can spot a LTF double bottom as well as latest price action like W-style pattern
And now I'm desperately waiting for breakout for entry, sL and Tp set
Handel aktiv:
For those watching this pair im sorry for the visual, it's not clear, however I will be posting more and it will be a lot clearier. From yesterday update to today, Ive changed a bit of my setup, I am no longer looking at taking a trade from the breakout, now im looking to see if I can enter with a smaller continuation
Kommentera:
Kommentera:
WERE NOT LOOKIN FOR SELL SETUPS, LOOKING FOR BUY SETUP MB
Kommentera:
Forecast was adjusted as news came in for CPI and cause volatility. News does not cause the overall market direction, it causes volatiilty which is why its best to stay out
Kommentera:
Waiting for next week to see if price pushes high above swing high or corrects a bit more to push higher and complete right shoulder
Waiting for next week to see if price pushes high above swing high or corrects a bit more to push higher and complete right shoulder
Kommentera:
Its been a week now, my bias hasn't changed yet, im still bullish here,.
Waiting for more price movement this week especially for tomorrow news
Its been a week now, my bias hasn't changed yet, im still bullish here,.
Waiting for more price movement this week especially for tomorrow news
Kommentera:
Price formed the smaller correction I was oringally looking for and took the chance to capture some profit for a 3%
Price formed the smaller correction I was oringally looking for and took the chance to capture some profit for a 3%
Kommentera:
Price this week evolved to a bigger expanding structure/ looking for a bullish impulse/corrective push above the structure to enter position
Price this week evolved to a bigger expanding structure/ looking for a bullish impulse/corrective push above the structure to enter position