APOLOGIES FIRSTLY INHAD TO PUBLISH THIS THROUGH MY PHONE
THERE IS ALOT OF MIXED FEELINGS ABOUT THIS PAID IN GENERAL 50/50 BUY OR SELL,BUT FROM MY PERSPECTIVE ITS A BUY
-DAILY TREND IS UP
-PRICE HAS BROKEN A DAILY STRUCTURE CAME BACK FOR ITS MAJOR RETEST
-MONTHLY SUPPORT ZONE (CONFLUENCE)
-SINCE PRICE IS AT RANGE I FEEL LIKE ITS GOING TO PICK UP MOMENTUM AND...
PRICE BROKE OUT A CONSOLIDATION
UPTREND BEFORE REJECTION OF A TREND LINE
MY VIEWS ARE STILL BULLISH AFTER THAT BEARISH PUSH EVEN WITH A HEAD AND SHOULDERS FORMING UP
FIRST PARTIAL PROFIT LINE COMING UP
47 PIPS IN PROFITS
264 PIPS FULL TARGET
FINAL TRADE FOR THE WEEK
PRICE HAS COME UP AFTER A SUPPORT REJECT BACK TO TEST THE TRENDLINE.
SO FAR 100+ PIPS IN PROFIT
PARTIAL PROFITS WILL BE TAKEN AT THE SUPPORT AND LETTING THE REST RUN TO HIT FULL TP FOR 600 PIPS
PRICE ACTION INDICATOR A HEAD AND SHOULDERS PATTERN FORMING UP SO THAT SUPPORTS IT MORE
Price made bullish upwards, as momentum started to slow down we can see a distribution zone which was cut short by a rally of bullish candles this leads to liquidity built by bankers, and the phase order block was formed then an institutional candle, since price didn’t retest at the start we can see maybe a bullish move to retest then we can take a sell trade.
Price Has Come Down Into A 4 hour Demand Zone, Market Was Heavily Oversold From 0.96570 and Now Its time For Market To Go Long
Don't Have Much To Say Since I Am Still Learning But Any Comments Will Be Appreciated
The Trade Was Taken Within The Demand Zone After Price Was Rejected