Watch out for the ChopWe seen a lot of Chop this week. Looking like price is ready to turn full on bearish again but we need to wait for a new High to be made first. Might not get another move till the middle of next week. just have to be patient.
Nofomo
Taking out Highs for the weekLooking for signs for price to turn bearish. I'm sure they are using Tues to take out highs for the week. Just need everything to line up within killzone times. for now we sit on our hands and wait for price to tell us more of what it would like to do.
Still waiting for the retraceI had mentioned that price is looking like it wants to retrace. Its stalling a bit. Kinda looking like it does not want to make the move so being cautious. but not interested in selling until I see a healthy pullback to solidify a stronger move.
Open the week with a pullback! we should get continuing bear pressure after we get a full pull back. Price definitely wanting to go bearish so I will continue to monitor for the solid move down.
Can we get the Pullback?As we come to close out the week Im feeling like the bearish pressure for the week is over. We could possibly get a pull back from this zone before they continue with bearishness next week.
Bearish Pressure confirmedfinally seeing the Bearishness we've been looking for. I think it will continue from here. Might get a pull back for entry but I would not be surprised if it does not give it.
Could price be changing direction?As I watch the price action I am seeing a lot of fighting between the bears and bulls and we could see price change direction and go bullish on GU for a moment.
indecisive price action! take cautionPrice does not have a solid direction so we are monitoring to see how it reacts to news. Looking for monthly lows to be taken before a direction is given.
Continuing Bearish price actionI'm still bearish going into this week on GU but waiting for the week to set up before getting active. We can see the most recent highs taken out before they continue with the bearish price action. Just have to be patient and wait.
The Bearish Price action continuesI had previously mentioned price is extremely bearish on GU. We got that push down for Thursday's sessions. From here it could retrace or just move sideways going into the new week. But have to wait for price to show its hand.
Rotational Price! Sit on Hands!Price is not clear. so i have been sitting on my hands for the most part this week. Waiting for clear signs that price wants to take a direction. It is remaining within value for the most part and not giving any indication that it is ready to break to either side. All we can do is watch and wait.
Price is stalling but Im still bearishLast week we got all bullish price action on GU. This week I dont feel like we will get more of the same but I have to wait and allow for the set up to show itself before getting active.
Will we get Bearish Price action for the week?Going over what we are seeing on GU. Looking for a breakdown from this location. As it has meet the objective of filling in liquidity on the upside. Just waiting for confirmation that it is done at the point.
Wait for the Break!As we monitor the price action we are looking for a break in the current structure before getting active with a direction. We have no GBP news this week. Only USD news to push the narrative.
Will there Be another Weekly High Made?Now that it is Tues day I'm waiting to see where price will stall out at and turn around. There is not much strength pushing price bullish and we have USD News for NY session coming up. Monitoring for signs that the bears want to take control and push price down. But also trying to remain aware incase anything happens to change my bias.
Weekly Review on GU, Bearish Price action for the new week?Reviewing what happened with last week and whats possible this week. Going to let Monday Play out to allow the market to show its hand then get active. We are in a Monthly transition this week so do keep that in mind on this week's moves.
GU has meet the objective this weekGU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
High has been made. Will the week continue Bearish?I waited for Tues to play out and make a high. Now that it has been made we are expecting price to continue moving bearish. As we come into the London session we are starting to see signs of that bearish pressure to push it down. We will see if it keeps it up.
Price stall before continuation Just waiting for price to make a high for the week so that it can continue with the bearish price action. Sitting on hands waiting for solid confirmation.
can we get a continuation in bearish price action?If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
We need clear indication on direction before taking actionLooking for a break on either side of the consolidation we are currently in so that I can get some indication on what price wants to do. Sitting on hands until i see it.
Weekly review on price actionGU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
Ending the week taking out liquidtySo we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
