THE OVERALL BIAS FOR THIS TRADE IS BULLISH THIS IS THE LOWER TIME FRAME ENTRY ANALYSIS.
MY OVERALL BIAS FOR THIS TRADE IS BULLISH. PRICE IS STRUGGLING TO MAKE NEW HIGHS. ASCENDING CHANNEL IS BEING VIOLATED. EXPECT A TEMPORARY PUSH LOWER BEFORE THE BULL RUN.
PRICE JUST MADE A STRONG IMPULSE DOWN AND WE EXPECT THE BIG BOYS TO TAKE SOME PROFIT OF SELL THEIR TRADES. WE WILL WAIT FOR BEARISH PULLBACK AND BUY TO THE UPSIDE. ONCE OUR TARGET IS REACHED. WE EXPECT PRICE TO MAKE NEW LOWS AND WE LOOK FOR SELL TRADES THE HIGHS ARE REACHED
STRONG REACTION FROM A HIGH. EXPECTING THIS MOVE FROM THE INSTRUMENT