Xauusd focuses on selling due to DXY index is bullish - waiting for h4 to reach selling zone and then focus on current price reaction on the h4 zone. any buy opportunity is only for scalping.
wait for cmp price reaction (eg+eg+eg) bfore executing for sell position simple zone to zone market movement. mtf to check price action
Sell setup for gbpjpy Focus tp123 Once reached tp3, monitor the cmp reaction to form buy setup.
don't buy selagi price tak masuk zone buy and buat breakout as confirmation.
THERES NO CLEAR REVERSAL SIGN TO BUY FOR USDCAD . BIG TIMEFRAME STILL NOT FORMING REVERSAL TO BUY. JUST SMALL RETRACEMENT(BUY) OCCUR IN LTF SETUP TO COMPLETE CONTINUATION HTF FOR SELL. THE ZONE IS MADE IS FOR CONTINUATION ENTRY SELL FROM HTF. TP IS FROM DAILY HTF MARKED INCLUDING. BASE IS REALLY IMPORTANT TO FOR REVERSAL EVEN IN LTF. A BASE MUST HAS A SIDEWAYS...
THIS SETUP IS FROM DAILY H4 H1. BUY SHORT BEFORE PRICE OTW TO SELL ZONE AGAIN. THEN WILL LOOK FOR LONG SELL IF THERES SELL BO ONCE PRICE ARRIVES AT RESISTACE MARKED AS BOX(RESISTANCE FROM WEEKLY AND MONTHLY)
this is roughly looking trend only. monitor on your own PA(price action) in lower timeframe. look PA on h1 and h4
WHY I SAID LONG SELL?? BECAUSE PRICE REJECTED WEEKLY AND MONTHLY SELL ZONE WITH CONFLUENCE THEORETICALLY WICK REJECTION WHEN LOWER DOWN TO TF DAILY, IT SHOWS GOOD SIGN OF PRICE WILL BE CONTINUING MOVING DOWNTREND AS FORMATION ENGULFING SELL IN THE ZONE. TP FOR SELL IS STATED IN THE CHART. FIRST AND SECOND HORIZONTAL LINES ARE FOR TP1 AND TP2.
1719 FIRST TP 1 . ANOTHER SECOND LINE IS FOR TP2
Continuation entry for sell until Daily TP zone marked below. the 2 zones are for low and medium risk zone. Most likely price will continue to move downwards without collecting price on medium risk because of price collection had done on medium zone. And, low risk already formed price action Engulfing in the zone + there is sideways in the low risk zone had done.
If break zone h4 (including trendline h4 downtrend breakout), focus zone shadow weekly marked at the bottom. and wait for breakout h4 for stronger confluence/confirmation to Fly high. Or else if break the weekly shadow. they price will continue to drop.
big movement. going for long buy area. wait for price action.