After nice strong bullish move on friday, I am waiting for retrace to retest trendline. And then when it start show strength again, going for next wave long
as shown on the chart, we should get ready for long trade
Price retrace to S&R , good time to continue upside
retesting sell zone and looks like failing
on 4 HR timeframe, H&S is completed and broken, still expecting some small move up then down toward demand zone then we will review again where to go. So next week I still look to short.
Back to confluence S&R where I expect more downside
Clear pattern for continuing bearish after that strong rejection
Price on daily chart has been respecting 25 EMA and now it is back to it. Following the trend means we assume downside continuation but possible movement toward EMA 100 before downside. The weakness of USD last week giving us a question, is it good to SELL it now ?