Testing scalping strat on higher timeframes. sweep of the highs, coming up to retest the untested supply zone. looking for a sell off until the untested breaker before it continues its bullish momentum. could very well break through and continue up. looking for entries on the 1h,15m to improve R:R
Break and retest of a 4 h resistance, rejection from two 4h candles structure was built in 15 min lower time frame entry. Tight stop loss might break and hit the trend line I will look to reenter if that happens
Clear break of a 4h support coming back up to retest at the 0.618 zone. I waited for it to react to the trend line and horizontal zone. I then went down to lower timeframes 15/10/5 min to look for structure to form in order to minimize my stop loss but still have it at a logical place. Fundamental news coming for nzd tomorrow looking for key levels it might react to.
coming close to a daily horizontal zone and uptrend line and the bottom of the channel. very bearish push and going to retrace soon. looking for signs of rejection before entering in lower timeframes. Also looking for closing confirmation candles in the 4h
Rejecting 4h horizontal line as well as the bottom of the channel.
A lot of slipping candles on my trend lines but if it breaks through I will look to re enter the trade.
Pulling back to Horizontal level, Approaching down trend line and rejection of upwards resistance. daily downtrend , weekly pullback to .618 looking to place stop loss at a safe space where I know it will reverse if it hits. Looking for good trades not many trades ones that I can make sense of easily.
