Monthly: Overall Ranging , Most recent two candles show that buyers are in control Weekly: Overall Bearish, Price is Currently Retracing and may find resistance at current level. Daily SETUP : Overall Bullish, Price has broken resistance, creating a CHOCH Confluence #1 , Found Support @ 38.2% (FIBONACCI) Confluence #2 , Price forms a Bullish Engulfing Pattern...
Price has began Consolidating at a Known Pivot Point that hasn't been touched since 2020 and 2018. (Weekly Wicks/Buyer Exhaustion) H4 shows Break of structure/Support to push down. Price is very choppy currently where it is. (Countertrending Break/ Support Break) 2 OPTIONS: 1. Price on H4 has already broken support and it now at NEW found Resistance but...
Key NOTES Price is Overall Extremely Bullish and looks to be ready for a bullish continuation push. 2H Break of Resistance signifies a buyers could be stronger at the moment. Price has hit a Known PIVOT POINT that has not been touched since 2017. 2 Options 1. Price could resume its bullish push, just waiting for a some bullish variation/engulfing...
Price is overall Bullish ! (Monthly, Weekly, Daily) ***Based Off Pure Price Action Market Structure*** Currently Ranging in a triangle which will eventually POP! Price has 3 options. 1. To Pop Triangle Resistance created NEW FOUND SUPPORT to continue its Bull RUN! 2. Somehow break Support of the Triangle and creating NEW FOUND Resistance to PUSH price Further...
Price has broken on the Weekly then came back down to retest new found support. Price is currently looking for a STEP(support) to take it back up past 1.0190 !! Starting to Look for Buys on Lower Time frames. TP1: 1.0326 (Expected Based off Weekly)
Structure was broken on the 4/3hr TF's . Market should FLY!!
PURE MARKET STRUCTURE/PRICE ACTION ONLY!! Price should be going up. Watch
LONG.. Simplest Market Pattern Bullish Pennat 15M/30M Enter lil above the pennant use Fibs for TPs
Relative High was broken at Purple Horizontal Line Price should retest in found support then take off !! Projection: 1.33528
Structure was broken on the DAILY TIMEFRAME!! NEXT WE draw fibonacci and wait for price to pull to a PRZ Wait for a bearish variation at one of PRZ's ENtry on Smaller timeframe TP1 0.70079 TP2 0.69422
-Bullish Pennant Target 1228.99 May continue up MORE!!
Price Broke structure , Came back up to retest Previous Resistance and is now headed DOWN
-MA shows downtrend -Finding Structure at 61.80 -Retest New Found Resistance on Daily Lets see how far it GOES! Projection: 110.660
Beautiful ENTRY!! SHOORRRTTTTTT!!!! NO RETEST NO ENTRY!!! I WONT EXPLAIN JUST WATCH IT FALL!!!.. ****Im really humble TRADING just MAKES ME CRAZYY!!!!*****
NICE Head and Shoulders forming! I'd say look for a nice entry(Candle stick patterns lower time-frames) and SHORT!!
Price approaching trend line/ PRZ 88.6, expecting a BREAK(BUY) or Bounce (SELL). **My Ultimate Bias is a SELL but NOTHING is set in stone with the markets LOL**
Looking like a nice SELL. I would wait for some candle stick patterns/variations and watch it FALL!