helz4

helz4

This is a follow up from my previous ideas. Starting to head to the upside and take the resistance level above. Reacted nicely off the trendline and failed to make new low. These are all good signs it is now reversing and heading up.

helz4

Heading down nicely following trend line and creating lower highs and lower lows. It will head to an area of strong support and resistance.

helz4

Clear move along the trend line, has gone down to take the FVG before heading back up. It will head up to resistance where it has hit multiple times.

helz4

Price making HH and HLs Shows as a double bottom as another confirmation and also hits off my trend line.

helz4

It will push up then pull back before continuing higher to area of resistance.

helz4

Currently trending down to take the imbalance before continuing higher. It is creating LL and LH. It is moving along trend line down to support.

helz4

It is currently trending down. This shown through the trend line drawn on the page plus the choch has formed. There is a LL which has taken out the HL to show the selling pressure has taken over. It has gone up and failed to create a new High. It will head down to the previous swing low. This is also an area of support.

helz4

So I can see price and risen above the low which tells me a strong buy sentiment is coming. Wait for retracement to take out the imbalance and test trend line and support line. After which it should reverse and go up. Taking it to the previous high and area of resistance. Let's see how this plays out next week!

helz4

Price is going to head up to the supply zone taking out the liquidity then head back down to the order block below to meet the demand zone taking out all the liquidity.

helz4

I believe it will go short as it has hit a supply level and then take out the liquidity before reaching the demand order block and heading all the way up and collect all the liquidity above.

helz4

Clear move downwards! It has bounced from the resistance and continued going down Could move down the the 1 week ema line. (red line)

helz4

1HR Time frame Head and shoulders Currently at my support resistance-potential downward trend the next big support resistance line