we are currently seeing a clear downward structure . once the market breaks the current LL and retests that structure we will be looking forward to sell only after a confirmation in the lower time structure , when the LH is Brocken and retested we will be looking forward for an entry to the next structure .
we do notice the presence of a double bottom and the approach in a structural manner , but the current price action preferably most suitable for an intraday trade .. we see the presence of a retest on resistance that turns support . here we see the presence ow wick rejections , what we are waiting for a proper entry signal on intraday time frames for a potential long .
from the look we have clearly had a down trend , from the analysis above . what we will do is wait for the market to either give us a break through both from the trend resistance line and the resistance structure , retest , later then we can seek an entry in the intraday time frames to long it to the next structure point . for shorting opportunity , we will be...
we are currently on a descending channel , in the higher time frame . we see the price has given us a reversal pattern . here is what we are anticipating , that the price will give us a chance on the resistance . there fore we can find an entry to short in the direction of the trend , or also have a break through through the resistance line retest to approach the...
We clearly can see the descending channel from the higher time frame ... Currently the price has already Brocken the support trend line , and has made a clear break and retest .
We genuinely can see we are a descending channel in the bigger time frame , from this position , we have broken through the mini uptrend , we have managed to have our test and retest and we are looking for a chance to short the market
from the descending outer structure we are seeing a clear break through the brick wall the we anticipated for a break- retest of the structure ,and we anticipate for the price action to shoot all the way up to the resistance outer trendline . then from the most recent price action we start looking for buys only .
The market is clearly forming lower highs and lower lows , as characterized by the trendlines its a down channel from the most recent price action we are seeing a potential double bottom, we are waiting to short after the retest of the higher resistance .. later we look for an entry position with lower timeframes .
there is a clear break in the resistance brick wall in the downtrend on this pair , what we are looking forward to is the reach of the the retest zone then hop on the lowest entry timeframe for a chance of longing this , there are two levels indicated by the red layers which are our previous lower lows of the down trend , at each we will be looking for a longing...
we are able to view that in this case the price action has made an effort to complete our analysis , to both hit the resistance level , and trendline . we anticipate a bearish push through the market / there are a few things to consider before committing t this trade , as we have to confirm the price action movement in the lower time frame , or rather a reversal...
From the previous week we have been able to witness a steep uptrend on this pair , this indicates along the way unless there's a chance to find a bearish trend there will be patterns along the way such as he clear patterns we are observing , a bullish flag now here is our catch , being at the moment in time , we have observed that the price broke through the...
clear break through and retest , we will be looking for an entry chance on this trade from the lower time frame
clear support zone from the trendline and the support zone forming a double bottom . looking for a break through from the resistance in the lower time frame to find an entry for a buying purpose .
Clear retest then find the right opportunity when the market gives us a proper shorting opportunity .
clear break through from our correction phase , to show the change in the trend towards our 90% mark . break through the previous 4 hr resistance zone in quite an impulsive manner , will wait for the price to come back retest and ill be looking for a proper entry
genuinely as we can see the trend is on upward trend , and this structure that moves against out trend - which is our indefinite correction phase. we anticipate our next phase to stretch to our 90% target. find an entry after the retest