Looking for a 50 pip move up, higher timeframe PA figured into equation.
Let's see exactly how price interacts with the rectangle, I'm betting there's a drop inside, trade with your choice of LTF bar formation.
Going to see how price reacts around the area when it reaches the trend line low.
After we get the next completed H4 bar, we'll know if it has a chance to continue down, follow thru of strength.
Decent reversal area for a break and continuation up, see what happens at the break of the trend line.
Going for at least 50 pips on this short; has higher time frame resistance might push it down. Riskier than other trades this week.
This is the way price action unfolds unless there is a news spike or big volume push up.
Lets see if the pair gives us some special candle setup for a nice short, we'll know when volume moves in.
Something nice setting up here depending on break area and candle formation at the zone.
With a strong close high, let's see if we can take some of that space back up high.
It's looking like a drop based on larger timeframe right down to the 30 minute.
If price follows the ghost pattern on the chart, then drop should follow. Patience is key.
This one is looking like a strong break up, tighter stop on the 15 minute.
Very nice breakout structure long, see if it holds.
Let's see if we can get a good push down from this move.