AU GOING DOWN FOR WEEKLY PULLBACK TO GO TO THE MOON! Quick SCALP
Updated
Please look at my daily picture for further confirmation on this scalp.
There was a daily rejection off a major Daily trend-line. You also see a break in structure on the H4 chart, I am expecting a small pull back to a PRZ level and then a further push down, ALLOWING FOR SMALL SCALP OF 40+ PIPS and then making a HL On the weekly, giving the power to push up past resistance in the future (Perhaps, if market dictates).
It will all have to do with weekly candles. But if you want my immediate trade. I am looking for a push up to the 38.20 zone and reversing down to a create a H4 Head and shoulder pattern. Good luck this week and remember NO DAYS OFF UNTIL EVERYDAY IS A DAY OFF.
There was a daily rejection off a major Daily trend-line. You also see a break in structure on the H4 chart, I am expecting a small pull back to a PRZ level and then a further push down, ALLOWING FOR SMALL SCALP OF 40+ PIPS and then making a HL On the weekly, giving the power to push up past resistance in the future (Perhaps, if market dictates).
It will all have to do with weekly candles. But if you want my immediate trade. I am looking for a push up to the 38.20 zone and reversing down to a create a H4 Head and shoulder pattern. Good luck this week and remember NO DAYS OFF UNTIL EVERYDAY IS A DAY OFF.
Note
looking to enter on a reversal pattern or wick rejection on any of these przs once hit.
Trade closed: target reached
First target was hit of about 28+ pips I am now in the trade again, we shall see how this plays out
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