This movement should have been to induce trader to go short and rise. waiting for setup confirmation
I will enter the short trade before the London session open. i believe that this Asian session make a stop hunt and when London session open. it will drastically going downward as the market is a short bias.
A CONTINUATION UPTREND MOVEMENT AND PIVOT APPEARED. WAITING FOR THE CANDLE BREAK 15MIN TRENDLINE IT IS BETTER TO WAIT THE CANDLE BREAK THE EMA'S AND BOTH EMA CROSSED. SO MY RR IS 1:1 FOR THIS TRADE AND CHANGE MY 2ND TARGET PROFIT IF IT EXECUTE ALL MY TRADING PLAN. ALSO DON'T FORGET TO MOVE SL TO BREAKEVEN
1- SHORT BIAS 2- CREATING HH AND HL 3- BREAKING OF TRENDLINE 4- EMA CROSSED ON 4HR 5- PIVOT APPEARED WAITING FOR CANDLE REJECTING PIVOT, EMA AND PREV SUPPORT LINE ON 1H. ALSO WAIT FOR BREAK OF TRENDLINE ON 15M TIME FRAME FOR BETTER ENTRY
1- SHORT BIAS 2- EMA CROSSED 3- PIVOT APPEARED WAITING FOR CANDLE REJECTING THE PIVOT AND EMA. ALSO CANDLE BREAKING TREND LINE ON 15M
1- SHORT BIAS ALL TIMEFRAME 2- EMA CROSSED ON 1HR 3- PIVOT APPEARED WAITING FOR CANDLE REJECTING THE PIVOT AND EMA
1- SHORT BIAS ON ALL TIMEFRAME 2- EMA CROSSED ON 1HR 3- PIVOT APPEARED WAITING FOR CANDLE REJECTING PIVOT,EMA AND WEDGE LINE
1- BEARISH BIAS 2- EMA CROSSED HAPPENED LAST WEEK 3- PIVOT APPEARED WAITING FOR CANDLE REJECTING AND CLOSED BELOW THE EMA AND PIVOT
1- BEARISH BIAS 2- EMA CROSSED WHICH HAPPENED LAST WEEK ON MY 1ST AND 2ND ENTRY 3- PIVOT APPEARED WAITING FOR CANDLE REJECTING THE PIVOT AND EMA
1- BEARISH BIAS ON MULTI TF 2- EMA CROSS 3- PIVOT LEVEL APPEARED WAITING FOR CANDLE REJECTING THE PIVOT AND EMA
On the 1hr tf, it shows that the form of double top and already break the neckline. The bull candle about to bounce either both of the green zone. anyhow, this is just an analysis of mine :) #SHAREIDEAPLS :P Still Learning
Daily chart - Mark the major support zone 4hr - according to my analysis, it is a fake breakout and will move back up and break the trend line. #NEW#PEACE