CAN WAIT PRICE ARIVE AT RESISTANCE ZONE AND TRY SELL
PRICE ALREADY AKE BREAKOUT AND RETEST THE SUPPORT ZONE.
FOR INTRADAY OR SCALPING TRADER CAN MAKE BUY POSITION FIRST BEFORE PRICE BULL TO RESISTANCE ZONE AND CAN MAKE SELL POSITION WHEN PRICE START TO GET REJECTION
PRICE ARRIVE AT WEEKLY RESISTANCE ZONE. WAIT THE PRICE BREAKOUT THE TRENDLINE TO MAKE ENTRY FOR MORE CONFIRMATION WAIT PRICE TO RETEST THE TRENDLINE
FOR INTRTADAY TRADER CAN TAKE SELL CHANCE WHEN THE PRICE START TO RETRACE THE SUPORT ZONE BEFORE CONTINUE TO GO UPWARDS
Please wait for price confirmation. Wait for breakout
WAIT FOR PRICE TO MAKE BREAKOUT FIRST FOR CONFIRMATION #FOR SAFE ENTRY WAIT PRICE TO MAKE BREAKOUT AND RETEST THE TRENDLINE OR RESISTANT ZONE
REASON: 1. PRICE JUST BREAKE TREND LINE 2. AFTER TRENDLINE BREAKEOUT PRICE MAKE UPTREND MOVE TO RETEST AT RESISTANCE ZONE 3. USUALLY MARKET WILL MAKE DOWNTREND MOVE AFTER RETEST AT RESISTANCE ZONE #BEFORE ENTRY MEASURE DOWNTREND CANDE TO SHOW UP FIRST OR CANDE CLOSE OR OPEN OUTSIDE THE RESISTANCE ZONE
1. PRICE ALREADY BREAK TREND LINE 2. HEAD AND SHOULDERS PATTERN FORM . WAIT FOR PRICE TO RETEST AT THE RESISTANCE FOR MORE CONFIRMATION . FOR ME HEAD AND SHOULDERS SHOULD BE ENOUGH
If we look at the trend chanel in the H4 TF the price stop at the lowest trend line channel. But if we look at H1 TF the price start preform the triangle and as we see price start to make a bearish movement . To confirm the price bearish . Wait for breakout and wait for price to make retacement back ate the support zone or the lower trend line To double confirm...
Price now probably will make retest at nearest supply and afterthat will make a downtrend to nearest demand
Prediction: Price will brakout the trendline and make retracment outside of trendline and will start making the long position. Wait for price to breakout and retrace for more confirmation
Price continue to form triangle in tf w1 . And d1
PRICE CANNOT BREAK THE WEEKLY RESISTANCE
The price potential make a rally after break support zone. But becareful because if price breakout price maybe make retracment to support zone again and rally up. Wait for price actin first and take care your mney management.
Based on SND price maybe short to demad zone if price cannot break supply zone
GBPusd maybe go short after retracement at supply zone. Tp until hit deman zone