This set up was not published but I was looking out for this for about a week now. After noticing a break in trend, I was awaiting for a good area to enter. Generally a pullback, I had then noticed something on the 4 hour. We can see a potential head and shoulders which eventually came into play. Aligned with a 61.8 retracement. This simple yet effective set up...
We have massive consolidation following a break through in trend. Nothing to be 100% solid on, focus less on predicting and more on going with the wave as the market plays out more. If we see a breakthrough, I am going to wait for price to fall through the previous monthly high indicated as the golden trend line as shown. Looking out for a pull back and...
Based off of the recent push towards the downside, we saw a break through the monthly high towards the downside. Now looking for potential areas to short. We see a 61.8 retracement in confluence with recent support and a good area for liquidity. Awaiting price action to confirm this analysis, we can also look for a potential trend line continuation supporting this...