Waiting to see what occurs within this zone Will it break Support or break trendline for a counter trend
Watching From the Sidelines could retest and go up Expecting Bullish Momentum
Wait to see what Price Action Not Trading, Just watching for now
Wait to see when market opens & what price action does Expecting retracement but not guaranteed with current Fundamentals Watch and see what occurs
Lets see how the markets open and what Price does Always wait for confirmation before entering Could continue going up with no Retracements
Potential Sell Opportunity Wait for Confirmation Potential Sell Limit
Daily Structure was respected. came to 88.6 FIB before being rejecting lower, H1- Created a triple bottom, Bullish Engulfings, Cross of MA's, exhaustion Trades Already Entered 1st @ 0.68658 2nd @ 0.68806 3rd @ 0.68761 TP's will be between @ 0.70300 & 0.70800 Will Enter more trades if the market provides it
Daily Trendline being respected H4 - Price came up to 61.8 FIB, touching a H1 Exhaustion Zone before reversing back to the downside, Creating a FAT Bearish Engulfing H1- Cross of MA's, Multiple Bearish Engulfings, Minor Structure was broken and retested < H1 - Minor Trendline Break and Retest, Already in the trade 1st Entry @ 1.30666 2nd Entry @ 1.30456 Going...
Came back up to Exhaustion Zone that has been touched 5 times since December 1st Created a Evening Star Doji with a huge Bearish Engulfing on H4 Going to wait for a retest of 109.7 exhaustion / or a breakout below 109.45 with a clear retest and Other Confluences (MA's, Minor Structure, candlestick Price Action) showing downside move
Will be looking for: Candlestick Reversal patterns on Exhaustion area Crossing of MA's Confluences 61.8 FIB H4 Trendline