iamcooljhay

iamcooljhay

i expect price to push below the 1.4684 level to grab liquidity before the bullish run starts.

iamcooljhay

price still consolidating making the directional bias inconclusive, but a manipulation as expansion is expected to push price downwards to our limit before the bullish run begins.

iamcooljhay

another view on the trendline setup on H4 on a smaller timeframe. Multiple timeframe analysis.

iamcooljhay

another entry opportunity to go long after price broke back into the trendline and retest.

iamcooljhay

a re-entry opportunity to join the up move at the bullish OB

iamcooljhay

with the bulls currently in the control of the market, i expect a bullish run till the EQH at 1.2092 for the profit target and 1.2143 for the total target before the bears take over the market.

iamcooljhay

wave 1 completed, wave 2 begins.

iamcooljhay

a short push to the downside in price is expected at the SH to correct price before making the final turn.

iamcooljhay

a test to the trendline to take out previous EQH with 10 - 20 pips and a rejection to the downside.

iamcooljhay

with price seeking liquidity from 1.2240 region. I expect a sell off to take out the previous lows down to 1.2058.

iamcooljhay

price is expected to fill in the liquidity void and go short down to the SL

iamcooljhay

price rallying up to fill the liquidity void left at .2204. bearish structure is expected to resume once price hits the .2204 level and fill in the Liquidity void.

iamcooljhay

since the first wave of the move played out exactly as anticipated, re-entry point at the OB near price should build the bearish movement near term.

iamcooljhay

short term price points

iamcooljhay

with price at equilibrium and other factors pointing to and upward breakout, we make use of the institutional consolidation concept to take our entry.

iamcooljhay

swing high spotted at the weekly Demand zone

iamcooljhay

expecting a run in price up to the weekly high to form the daily EQH.

iamcooljhay

expecting a run in price up to the weekly high to form the daily EQH.