Looking to sell from the daily supply zone...which might offer low risk. Therefore entry will be based on change in trend or market structure as well as 4hr multiple rejection, pinbar or multiple doji candle which might signify buyers loss of momentum to oush the price to the upside.
Market structure + support level. Looking for buy set with multiple wick rejection showing depletion of sellers and rejection of the structure
Inverse head and shoulder....with break of structure now waiting for retest.
MARKET STRUCTURE...BREAK OF RESISTANCE......WE'RE WAITING FOR RETEST OF SUPPORT WHICH WAS PREVIOUSLY RESISTANCE
waiting for either ways as we're in a key area
Potential price reversal 4hr time frame
Possible long with take profit at the supply zone which coincides with the key area of structure
Well I can't be certain about it but I think we might see a head and shoulder pattern in EURUSD depending on the strength of the USD next week ..... let's wait and see how the market unfolds but till then we'll be sitting on our hands waiting for the market to do what it gotta do
Waiting for break of the neckline to confirm the head and shoulder pattern in NZDCHF