Price has recently broke out of a Daily Range, breaking Daily Market Structure On the 4H TF, a new LL & LH has been formed and we are entering to ride the move down to a new LL level
Daily: -Price is creating LHs & LLs, clear BOS area that needs a retest 4H: -However, the 4H & 1H TFs are currently caught in a range where price can either push up or down -Last hourly candle printed a doji with a long wick to the upside, we could possibly be a short term sell to at least the low of the range
Daily: -Price has been creating LHs and LLs recently breaking though a strong support 4H: -Could see a few different scenarios play out, however as lows are breaking, will be sticking to a bearish bias -4H zone being broken looking to then see a retest of that zone Hourly: -Looking to see price push down and pull back for a retest of current structure break (a...
Looking for potential sells this week on GJ, particularly if GDP comes out hawkish: Monthly: -Last monthly candle left a massive wick to the downside that will need to be partially filled -Current monthly candle seems to be rejecting higher prices right now, we could see that change as the month goes on 4 Hour: -Price is creating bearish MS, i.e, LHs & LLs, with...