With the higher TF analysis in the back of our minds now, this is what I will be looking for on the 15M TF while looking for possible entries on the 5M and 1M TF.
As you can see we formed a small consolidation on Friday and broken out to the downside. This allows us to what for the retest on these smaller TFs to find a decent day trade on this pair. TP1 and TP2 is stated on the chart as well.
Keep in mind this is not a signal, but just for you to compare your charts with mine and add a bit of extra confluence and confidence to your trading.
Frequent Nas updates will be posted here from now onward as we focus on the pair.
Break above 9000 invalidates short bias and I will be assessing my bias from there.
Keep putting the work in and it will pay off, don't stop until it works and pays.
Have a great week next week guys
As you can see we formed a small consolidation on Friday and broken out to the downside. This allows us to what for the retest on these smaller TFs to find a decent day trade on this pair. TP1 and TP2 is stated on the chart as well.
Keep in mind this is not a signal, but just for you to compare your charts with mine and add a bit of extra confluence and confidence to your trading.
Frequent Nas updates will be posted here from now onward as we focus on the pair.
Break above 9000 invalidates short bias and I will be assessing my bias from there.
Keep putting the work in and it will pay off, don't stop until it works and pays.
Have a great week next week guys
Order cancelled:
Price did not move to entry and therefore sell limits were deleted and this trade is invalidated for now. New post explains an update on what we looking for