- Downtrend Anchor is broken - Bullish movement to upward. - Retest for the broken key level (anchor). - anchored-VWAP and Value area is above the price with normal distribution.
It's playing around the supply zone on 1H time frame with a general downward trend
Selling at a good point right now at ending wave 4 targeting wave 5
It's now in the golden zone for buy after moving the first and third wave, waiting to take the fifth wave after some small movements
This is based on strength of GBP and weakness of AUD
Sell because it's in an ABCD pattern. while CAD is showing good strength.
The pattern is very corrective and expecting a big move downward
This trade may take one week but it’s worth due to the high RRR
EUR is losing momentum while USD is gaining much. EURUSD has started a bearish wave and completing its first corrective wave.
after a strong extension, time to ride the correction wave
This is amazing entry's RRR. it's forming a reversal pattern after showing a good momentum to push back high