I explain briefly in my chart. Lets see what direction GA will go to.
All the details are described in the chart. Never marry your analysis, adapt with the market.
All the details are in the chart and I am aiming to execute it if the plan goes well.
All the details has described on the chart. I am still in Bullish bias on EJ.
Looking for short Daily retracement. Target is in the green box, SL in the current high
- Weekly Price is bouncing from Weekly -27, so I would expect to be at least back to Weekly 0 level. - Daily + 4H Price start making bullish structure. So I will find a pullback to enter long trade. My first target will be Weekly 0 level which can also indicates of Daily Lower High. If we continue to break Daily High then we will keep going up until find a Weekly...
- Weekly Price is trending bullish and my target 78.6% which is still above. - Daily + 4H Because my target is still higher, I will try to buy the drop. This plan is can be continuation to the upside or just for a pullback to make a 4H Lower High. Let the drop now becoming the next support and if the future the price creates a lower high and break the support,...
- Weekly Price is in -61.8 Weekly and has formed sort of a high of 5 waves upside. I do expect a major pullback to Daily Support Levels. - Daily + 4H Price is still moving in sort of range. There is no clear direction at the moment until price break the high or the low. Because I have my bigger timeframe bias, I will be focusing on how to find a short opportunity...
- Weekly Trend is still bullish. Price has reached double top on the weekly and the -27 which is Weekly target is still above at 141.900. I don't think price will immediately reach -27 because I expect the possibility of long term pullback. We are talking weekly, so it will be a long term. - Daily + 4H Price is at 4h -61.8 so I shifted my plan to find a short...
It can be a short term it can also be a long term new high -> new low