BIAS = Long for short term and then big sell £££££££ :)
Monthly - we are in the corrective phase from an impulse down so overall we would be looking for this to complete to the downside.
Weekly - we have an ascend within an ascending giving us the indication for the big sell. we also have smaller descending channel within the small ascending channel which gives us the indication of one more move the upside.
Daily - we have a descending within the descending this brings confidence to the one more move up. We could also argue the move just before the first descending channel is impulsive therefor we have our corrective section and we are expecting to complete this with the impulse up.
4 Hour - we have another descending inside the smaller descending from the daily chart and we have now moved up impulsively from this bottom area of the larger descending channel we have completed a hover and another move up with what looks like the beginning of another correction for another move up will check hourly and 15min for entries no rush as there will be lots of opportunity on this for the buy and for the sell.
1 Hour - We can see we have made a few impulses and corrections out of the descending channel we are currently looking for a very clear nice bull flag which we can then dissect on the 15min for entry to the upside.
We must remember this is probable and there is always the possible to consider happy trading guys and girls
Monthly - we are in the corrective phase from an impulse down so overall we would be looking for this to complete to the downside.
1 Hour - We can see we have made a few impulses and corrections out of the descending channel we are currently looking for a very clear nice bull flag which we can then dissect on the 15min for entry to the upside.
We must remember this is probable and there is always the possible to consider happy trading guys and girls