i expect price reach the marked zone as a minimum, price creates a new high now it time to create a new low
GOLD CONFIRM RETRACEMENT WITH CANDLE PATTERN OBJECTIVE IS THE BOX THEN I WILL LOKING TU BUY AGAIN
Price creates a hl and now is looking for a HH, i expect price reach the zone in the square
PRICE IS IN A RETRACEMENT FROM THE LAS HIGH, LOGIC SAYS THAT PRICE WILL LOOK FOR A HIGHER LOW AND THEN CONTINUE ITS WAY UP TILL PRICE TELL OTHERWISE
A LOWER HIGH WAS CREATED IN H2 SO WE ARE LOOKING FOR A HH, LOOK M15 FOR ENTRY
Sell oportunity on this pair, price break trend line and retest it
Price broke trendline and retest, good oportunity for sell SL 1.31897 TP1 1.30875 TP2 1.30269 TP3 1.27867
WAIT FOR CONFIRMATION WITH AN H4 BULL CANDLE OR IF PRICE BREAK TRENDLINE FOR MORE CONSERVATIVE, IF YOU ARE MORE AGRESIVE PLACE A BUY STOP ON TOP OF THE CANDLE
Este par nos dejo al cierre de mercado testeando una resistencia, con una vela hammer bajista y con el rsi exhausto, podemos esperar una buena caida ahi, se puede esperar rompimiento de la linea dinamica de tendencia para entrar si se es mas conservador, sino se puede entrar con un sell stop desde ahi