Entry is based on the 4h candle Whilts its still 1h before its made, incase of sudden down moves i enter in early Goal is to brake yesterdays lows and push twords 1h gaps Stoploss is just below the highest opens in 1&4h because that price seams to be exauates and should not be hit again for a further down trend
Entry is based on the 4h candle Whilts its still 1h before its made, incase of sudden down moves i enter in early Goal is to brake yesterdays lows and push twords 1h gaps Stoploss is just below the highest opens in 1&4h because that price seams to be exauates and should not be hit again for a further down trend
Being stuck in this high price, today is proably going to look for expanding both high and low range for the next week Focuse on high to reject and lower low to be created
We have traded down both Ydays and Tuesdays highs, we still have sell trend to return to and a buy trend support option! Mainly the question is, what about todays open and low price(will it remain for long)! Selling twords middle of this range
2 dayle highs and lows remain to be marked, for now price is progressing down with strong selp trends, if weekly aims to do anything, its to balance mondays price and set a new weekly low and open. In order to predict the next swing highs and lows, one can see the trendlines of previuse ones, and if they are built well, focuse on any buy trend being broken and the...
based on dayle low and hourly wick if wick dosnt fill the dayle gap, expecting no bottom wick and futher range
selling gold to the next open gaps in 1h TF Dont want a big top wick for time conservation!
1H and 4H might be looking to close a gap, going off a trend brake!
strong brake on uptrend, looking at it as a sell signal! Waiting for next Hour to change directions and go lower!
Until the body trend doesn't brake, no use for Selling In case it does brake, look towards a New Day Low!
Looks like it will range for now, with the News the direction might focus.. Looking for Body Structure brakes, for conformation about the Trend. Bias is for a Sell, New Weekly Low entering deeper in the Weekly Fair Value Gap!
After braking trend structure, enter! Looking at Up Trend Continuation, as per the 4h Candle Move
Based on fibs and trends, seams like btc will trend higher, and 30M tf seams to be right for the entry!
UP AND DOWNTRENDS ARE PRESENT, NOTTHING YET INDICATING A REVERSAL, BUT A REACURING PATTERN IS SEEN.. Prediction: Sells lower, with new lower Open.. Prediction: Fails lower, new open above last Sell Resistance..
4h opens as levels of resistance and support, show one viable entry at the last order block, and after a body would open below the last lowest order block, another entry could be formed!
Looking at 15m and the gaps there, a RULE FOR DOWN MOVE = OPENS UNDER GAP! Testing that rule!