Hanging around demand zone. If we hold this zone, we could get a decent bounce (scalp) to the next resistance zone. Wait for confirmation of bullish candlestick on M30 FIRST before trade can be deemed valid.
Trading idea NOT INVESTMENT OPPORTUNITY!
Nice two legged pullback off the 100ema acting as support, now into the trending bull move. Looking to target area of resistance highlighted. Looks promising as long as we have enough volume to push price, this looks like a good trade.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
WEMA acting as dynamic support
Bullish flag correction
Pattern within a pattern + breakout
4hr EMA crossover
Need to wait for a pullback
Strong impulsive move up
Double bottom + neckline breakout
Impulsive neckline breakout
Price forming bullish flag
Wait for one more push to the downside or entry after 1hr candle breakout
Following on from the last post/prediction. The daily TF seems to be printing a nice falling wedge that seems to fit our narrative should it come good - smaller time frames show we are range bound between $40,000 - $30,000 (maybe a potential Wyckoff Schematic?) but should we see this break out to the downside expect a sharp decline into the low £20,000's with a...