kalejaiyejoseph

kalejaiyejoseph

For now, you can wait for a break from the 4H trendline and go long as it is just a short-term bias. Overall, the long-term bias is a bearish market. That I have posted earlier.

kalejaiyejoseph

This is very tricky as the majority seem to be focused on the lower timeframe ignoring the movement of the higher timeframe from the daily. From the daily, the price is trading into the 61.8% retracement level which is a resistance zone that gives more confluence for a sell.

kalejaiyejoseph

The note on the chart identifies implies the bull signal the correction is forming a flag for the upside go long after a break or take a retest.

kalejaiyejoseph

Price has been moving up and down the channel/wedge/flag a break above it would signal a bull run.

kalejaiyejoseph

A simple strategy following price pattern within the channel/flag, a break to the upside would confirm our bull run. Wait for breakout and take the retest

kalejaiyejoseph

Price is confirmed to be heading for the upside if the triangle is broken up enter at a retest.

kalejaiyejoseph

From the 4H timeframe price has been moving between this channel/flag signaling a move to the upside.

kalejaiyejoseph

#GU is on a long overall and a breakout above 1.3700 has occurred. Wait for the candle to close above the previous high and go long on a retest.