Time to look for long setup on lower timeframes... 2x touch point on TL + nice support... good reason for to find some entry long setup.
Nice HaS on D1/H4 with TL break and nice strucutre to go up. Entry 1.64945 SL 1.64840 PT 1.66750, but according situation...
Nice touch of strong TL, with 123 5M entry... Entry 1.01030 SL 1.01130
-DB on weekly -lowest price since Dec 2018 - rally short without bigger correction Nice cocktail to waiting for long setup on lower timeframes...
Break 123 D1/W1 Break Trend line's Beak TR with short structure
Break TR on strong Daily S/R structure on ALL timeframes is set for long.
Purple lines- strong weekly DT failed...probably still heaps of power to push up... entry on top od TR above this weekly DTs...
Looking on lower timeframe for short entry setup Reason: 1) Clearly visible DT on weekly chart 2) Long way UP- time for some correction.
Strong TL visible even on weekly chart but structure on Daily+ H4 looks to me that setting up for short- TL break...update later if entry
If market move closer to TL i will look for long setup on lower time frames Reason: Point A+B are very strong and aggressive
If price rich red-dash, going to look for short on lower timeframe in this area. Reasons: 1) Point A+B are very strong 2) Already huge UP trend- time for correction at least...
TL with resistance, nice structure... waiting with sell stop