Price made a HH on the daily and weekly. And now it's looking to create a HL on a strong support area. We target the next daily / weekly resistance to exit the position.
Price has finished consolidating and is starting to break up. Good pullback to enter in a long position, with the weekly + daily+ 4hr up trend. Target next major resistance zone.
Not much to say here really. We've gotten out from the consolidation zone, which did take some time. From here price may move a bit faster to target since the direction is more clear. But we stay patient until we reach the target zone.
Shorting a pullback in a downtrend and resistance zone. Wait 2 - 3 days for sideways consolidation to strengthen area before entering for higher probability. So about wednesday - thursday can be nice time to enter if price is still at this area. Then a move is most likely to happen end of the week or beginning of the week after. That's just my analysis, be...