Analysis price expectation still bullish till the Daily 78% fib is reached Confluence Multiple Fibonacci confluence -161-ext (cd),127-ext,78-CD,38-AD gartly pattern strong S/R levels risig support of 1hr-20ma toPRZ
Analysis trend is down on higher time frames price pulling back to a major daily level expecting price to hold that level of confluence will wait for entry from LTF-signal Confluence -fib convergence -major daily,psych level -possible bat completion
Analysis price ranging into a triangle formation move down to complete -leg 4 of the triangle price could retrace from any of the 2 PRZ levels Confluence Multiple Fibonacci confluence ABC pattern strong S/R levels falling support of 4hr-20ma near PRZ
Analysis Resuming the Daily trend- Short HTF-AB/CD completion .expecting price to retrace to the Continuation zone CONFLUENCE -Multiple Fibonacci convergence -1hr-20ma confluence at PRZ zone -Prev Resistance -Harmonic Bat (swing point is from LTF )
Analysis: -4hr AB/CD termination ,followed by short term pullback to Continuation zones -broke daily resistance expectation .now price finding support at that point expectation : price to retrace to this level followed by a continuation after the NFP release Confluence- -38% AD leg -127% ab/cd extension -pivot -daily support -78% CD leg ( demand zone ) -4hr...
Non Ideal Cypher , But has Strong Resistance at entry on the 4hrs ,( i dont follow the text book approach .entries ,stops & exits are based on experience )