UJ daily - soon to enter 'buy zone'

See chart - technical analysis of consolidation daily after impulse is moving into the buy zone - this is a combination of confluence points, wave analysis and time/duration of consolidation. However, always note that 'entering a buy zone' does not mean 'click a long trade' -- this is an 'area' where I will look for and begin to take buy setups on the lower TFs. Happy Trading!!

Kommentera:

we broke the trendline and now consolidating.. let the consolidation finish and look for buy setup to target above - structure has not changed.. look for the buy!