Consolidation at a Significant Resistance area High chance of breaking upwards, if it really does. Long Opportunity at the retest of the Flipzone. Dont jump in blindly, entry trigger is important
Falsebreak on Daily Resistance/Flipzone 4H breaks structure support and retesting. Short if there is a Entry Trigger at that level
Long Opportunity at USDMXN How will it work out?
Confluence Level for GBPNZD 1. Support/Resistance Zone 2. EMA 3. Osc Oversold 4. Trendline Lower timeframe 4H is printing a Potential Double Bottom where Osc is Oversold as well. So how will you enter a Long trade for this pair??
Confluence Retracement Level after Impulse wave that created a Higher High.
1. Daily Uptrend 2. Daily Flipzone 3. 4H Consolidation 4. Price rejected Consolidation Support + RSI Divergence + Bullish Pin Bar
Price is still transitioning. Price has to break below 4H Support before it is eligible for a short. Analysis of Price action is required when price break the level. Be patient and wait for the correct moment before pulling the trigger. I am not interested in the top or bottom.
1. Price rally into a Significant Price Flipzone and Demand zone on the Daily Chart 2. Falsebreak above the Flipzone 3. RSI Divergence 4. Emergence of Bearish Price Action and Momentum and the break of 20EMA Plan: 1. Wait for a Retest of Previous Swing Low to look for Entry 2. Enter on a Break of the Current Low as Price is seem to be consolidating after the...
1. Daily Swing High and Demand Zone Confluence 2. Potential Head & Shoulder Transition ( Not confirm yet) 3. RSI Divergence 4. Break of 20EMA 5. Diminishing Strength on the Bullish Candles Plan: Wait for Price to break the Trendline and Neckline of Potential Head & Shoulder before looking to enter Short. Be careful of headwind at about 1231.682 level