GA Thesis
- Monthly: Last months candle closed as a shooting star after long wick rejection off 1.9450 psychological level and closed below 1.8900. This is signalling to us that bears (sellers) are trying to push GA lower for a slight recovery.
- Weekly: On the weekly time-frame GA market structure is bullish after a break above 1.8900 level. Last weeks candle closed as a hammer and closed above 1.8900 level after rejection off 1.8775 indicating bulls want to push price higher.
Daily: Strong bullish break above 1.8900 level taking out previous highs and switching market structure to bullish. Now price is expected to reach 1.9067 as the next possible target.
1/4hr: Missed entry on Friday after price pulled back into 1.8900 for retest. If price enters area again then we go long to 1.9067 resistance to form new bullish leg.
Trade active
Trade closed manually
I made an error this will not be going any higher for meNote
Infact price could be making its way down to 1.88500 before taking offTrade closed: target reached
TP2 HIT
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.