The accumulation from the lowest point shows that the market has set up a breakout to make a high (chart is inverted) the overall data seems to support the move. i expect highs and lows in the process, not one direct move
The accumulation from the lowest point shows that the market has set up a breakout to make a high (chart is inverted) the overall data seems to support the move. i expect highs and lows in the process, not one direct move
am seeking to get to the next level of intrest the bigboys are stepping in, however we had some void left behind which has been filled by the pullback. hence i am seeking for a further push to the upside together with the big boys
this trade is picked from the 4h and 1h tf, the momentum on 4H is quite strong but theres is a need for pullback before we can farther the move down
multiple tf analysis buyers territory on the 15 determined where the swing can get to
the up is complete (reason for expected fast bounce) any news may be the catalyst this 1H is also complete and most favorable
the up is dead, just seeking momentum to push down
i am anticipating a significant fast rise on the 1H there is enough allowance for the trade i dint expect to be taken out as in most of previous trades.
this is a game of patience, i was anticipating a random increase in momentum before this big fall down begins.
the retrace has to have clearance to go past the initial high, and the drive to its target. in this case the drive to target is from daily. a zoom out on 1H shows enough clearance
The accumulation phase is building momentum to push towards the 4H level.
this is a late trade. the 4H failed at the circled area. was oversold. the bulls were not strong enough and so we got a considerable retrace. (our entry area). from here the momentum might increase and easily hit our target. this is a good one