I base all my trades from the higher time frames and then break it down to the lower time frames. all analysis on the chart or price cold just rip higher from the current level and not even go as low as I want it too,
waiting for a re-test of this 4hr OB. price has been coming off those breakers very well, so I am just going to follow the same method
looking for a bounce at this level of resistance and then enter on a pullback for a low risk entry.
Anticipating a re-test on the breaker then price to resume going lower, all my analysis is based off the higher time frame then breaking it down on the lower time frames. waiting to see what price does first before I react
Once the harmonic pattern is complete at the 1.01330 level I will be looking for and going short holding it for a while up to the 0.95277 levels. But for the time being I will be looking for long positions.
Potential short after the harmonic pattern is complete at the 0.77000-077500 level is where I will be watching for shorts. But for the time being I am looking at this long from the 0.74423 level.
potential short based on retest of bearish OB, SIMPLE SHORT
This could be a very profitable trade. I am waiting for the pattern to complete first and and on completion at the 1.01330 level I will be looking for bearish price action signals. But for the time being I am looking for a swing low to go long with the right Risk management.
potentil retest of OB once the harmonic pattern is complete
on completion of the ab=cd pattern a short is very likely and also based on price action and bearish OB retest of this resistance area at 0.71500 level
price should go lower on the retest of the bearish OB, especially now as the gap has been filled, following the longer term directional bias
potential long on bullish OB and it also lands on the 61.80% fib level.
potential short from this bearish OB as price is in a long term downtrend on the higher time frame. Entry at 50% fib level. s.l 30pips above and t.p at the support level 0.95083
as price approaches the resistance level and a bearish OB, we can assume price is going to go lower and also fill in the gap lower, which also lands on the 61.80%fib level.
Price approaching a key support level, potential longs on the daily bullish OB and on completion of the ab=cd pattern. I don't think this move will happen today but I will be watching it closely into next week
looking for shorts as price reaches for the bearish OB, price should also fill in the liquidity gap and void. possible short after the harmonic pattern is complete?
HARMONIC COMPLETION WILL MEAN A SHORT IS DUE, BOUNCE LOWER ON BEARISH OB.