This market tends to rally as it comes into the 1.93500 region. based on the candle created the last hour we can anticipate a further push to the upside, or we may consolidate until the market makes a desicion to hold support and push up or break support and sell off to test our trend line around 1.9300. this is a 30 pip risk trade, tp 1 is 160 pips and tp2 is...
key notes here on daily. we reached our -27% completion level (blue fib) for its current daily phase being over bought and showing Divergence towards the down side on LTF its evident we're over bought currently and is due for a liquidity grab towards support. seeing our red fib display from weekly low to weekly high it shows confluence with the the 26.3% level...
trade alert sent out to private group to go long once price reaches the 78.6% prz zone and re testes the trend for the 3rd time. 30 pip sl potential 400 pip reward, trades break even risk free
FEW KEY THINGS ON YESTERDAYS POST! WE SEE HTF ANALYSIS INDICATING BULLS ARE TAKING CONTROL OF THE MARKET. (check yesterdays post) WE NOTE THAT WE WERE SITTING RIGHT ABOVE THE 38.25 PRZ LEVEL AND WERE LOOKING TO BUY. HERE ON LTF WE SEE OPPORTUNITIES WHERE ENTRY WAS VALID WHICH ARE HIGHLIGHTED CANDLES! DROP A LIKE IT WOULD ENCOURAGE ME TO EVEN SHARE WITH YOU ANY OF...
SEEING THE DAILY TIME FRAME WE COULD SEE PRICE ACTION INDICATES THAT THERE'S BEEN A SHIFT IN TREND TOWARDS THE UPSIDE FINDING MAJOR DEMAND AROUND 7,000$ WHICH IS ALSO THE 61.8% PULL BACK LEVEL MEASURING MONTHLY TF L - H.
WE ALSO SEE HOW NEW H.H AND H.L ARE BEING MADE AND WE CURRENTLY SIT @ THE 38.2% PRZ WHICH SHOWS US A POTENTIAL HL BEFORE PUSHING UP AND TESTING...
