


Izzy_Aaronson
There seems to be early signs of bearish pressure after the creation of a new all time high in the last couple of hours. 3, 5 and 15 min downward trends have already formed leading one to think a potential dump is on the horizon. ONLY TIME WILL TELL
A significant hourly level of support has been tested and is currently holding on the 3 and 5 minute timeframes showing early signs of bullish momentum. The overall trend is still bullish which might further ignite an upward move towards the inverse resistance level where bears might be looking for short entries. ONLY TIME WILL TELL.
The 15 min support level is holding and it could prove to be the key event that can turn the tide against recent bearish momentum from the last 4 hours or so. Bulls likely to take entry and continue this bullish overall trend. Price likely headed to the inverse 15 min support level. ONLY TIME WILL TELL
A 15 min support has been tested, and while it is holding at the moment, no "confirmation" has been seen yet. However, signs of weak bearish momentum are showing on the 3 and 5 min indicating potential longs are on the horizon. ONLY TIME WILL TELL.
The new "high" could act as resistance as is currently showing leading to reduced bullish momentum. Price could well be headed to the inverse 15 support level where bulls might look for potential entry. Shorts in the short term might offer substantial rewards. ONLY TIME WILL TELL
The base of the top range on the 15 min has been tested and is holding which might indicate little to no bullish momentum at the moment. Might be a good time to short as price is likely headed towards the inverse support level which is also the base on the 15. A 5 min bearish trend is already holding. ONLY TIME WILL TELL.
The bearish trend from Monday is still in succession indicating potential rewards lie in shorts. Lower timeframe downward trends have since been formed after the test of what is seemingly the base of the 15 min top range. All factors showing slightly weaker bullish momentum. price likely heading towards the base of the 15 min low range. ONLY TIME WILL TELL
An hourly resistance level is holding indicating a potential micro dip is on the horizon. The overall trend is bearish. 5 & 3 min downtrends have already formed further showing that shorting could offer potential rewards. ONLY TIME WILL TELL
A 15 minute base of the top range is clearly holding indicating bearish momentum on the lower timeframes. Both 3 & 5 min downward trends have already formed which further suggests a potential decline is on the horizon. ONLY TIME WILL TELL
An hourly range base has been tested and could act as support as price is unlikely to breach below the low in the current range. Realistically, bears should be looking for exit here as upward momentum is clearly on the horizon and a potential reversal is on the cards. ONLY TIME WILL TELL
A 15 minute bearish range trend has formed after the test of a significant resistance level. Might be a good time to short as it seems like bullish momentum has been exhausted, in the short term at least. The resistance level is holding on the 5 and 3 min further showing early signs of bearish pressure. ONLY TIME WILL TELL
The hourly leg has been tested and is holding on the lower timeframes indicating a potential reversal. 5 minute bullish trends have clearly formed hinting potential longs are on the horizon. Are bears looking for exit here? Perhaps. Seems like bearish momentum has exhausted ONLY TIME WILL TELL.
A significant hourly resistance level has been tested and is holding indicating weak bullish momentum. A 15 minute bearish range trend has formed further confirming downward pressure. Price is headed to the inverse hourly support where bulls are likely to take entry and bears exiting on Take-Profit levels. ONLY TIME WILL TELL.
Seemingly, price is respecting the top range on the 15 min. This could prove to be a key resistance level in the next few hours or so. Lower time frame bearish trends have already formed further indicating downward momentum. Shorts incoming? ONLY TIME WILL TELL
The 15 min base of the top range is holding on the lower timeframes indicating a potential decline is on the horizon. Still waiting for some sort of confirmation but as things stand, it seems price is heading downwards to the base of the 15 minute bottom range. Good time to short?? ONLY TIME WILL TELL
Seems like there is little to no bullish momentum indicating potential shorts are brewing. Price looks like it is heading downwards to the base of the 15 min range. Lower timeframe bearish trends still in succession at the moment. ONLY TIME WILL TELL.
A significant 15 min resistance has been tested. The markets have been out of touch today but this could well be a short in the lower timeframes. Lower timeframe bearish trends have been formed indicating downward momentum. ONLY TIME WILL TELL.
The market is a bit inconsistent at the moment. However, a short scalp could be on the horizon as a key 15 minute resistance is holding price down. Looking for 10 pips here. A 3 min downtrend has already formed. ONLY TIME WILL TELL