Price is rejecting a very strong zone of demand so we could see a move to the upside to retest the previous daily structure that was broken. We will be monitoring price frome a 4h perspective and if all of our rules are satisfied we could take a trade to the upside. The trade would be with a 0.5% because it is a counter trend move.
Monthly: Price is retesting a previous broken structure that now it is support so we could see another bullish push. Weekly: Price is at the weekly lows and also at the monthly support. Daily: Price is at the monthly support and it is failing to break below so there is the possibility that price is going to retest the broken structure on the daily. 4H: We...
Weekly: Price is rejecting a very strong zone of resistance so we could expect a possible move to the downside. Daily: Price is over extended and it is failing to go higher so we could probably see a retest of the previous broken structure on the daily. 4H: We will be monitoring price action from a 4h perspective to look for a possible enty if all of our rules...
Monthly: Price is making LLs and it rejected the 78.6 and the 61.8 of the monthly fib. Weekly: Price broke a very strong support and it already retested the level as resistance. Daily: Price is also forming LLs and we could see a retest of a broken structure and then continue to the downside. 4H: We will be monitoring price action from a 4h perspective to...
Monthly: Price is retesting a previous resistance that now it is acting as support and it is also aligning with the 38.2% of the monthly fib. Weekly: Price has a overall bullish structure and it is sitting at a strong zone of support and it could reject the 61.8% of the weekly fib after the completion of the bearish W. Daily: After this over extended move to...
Monthly: Price is rejecting strong zone of supply and it could be forming a H&S pattern. Weekly: Price formed a bearish W and we are rejecting so it is a good zone for short setups. Daily: Price has a bearish trend and I see that price could retest a previous broken structure. So we are looking for downside move. 4H: We are going to be monitoring price from a...
Monthly: Price is currently at a monthly support so we expect a bullish push but we could also see a new retest of the support zone after the monthly close. Weekly: Price reached a very strong zone of supply so we are expecting a bearish short term push to form an inverse H&S pattern and then continue to the upside. Daily: Price had an over extended move to...
Monthly: Price is at a strong zone of demand so we could see a push to the upside. Weekly: Price is rejecting the lows and it is failing to make a new low and it is rejecting the 78.6% of the weekly fib. Daily: Price was failing to make LLs and actually it did a new high and we are retesting the broken structure that is aligning with the zone of the 61.8 and the...
Monthly: Price is at a strong zone of support but we could see a deeper retracement before going long. Weekly: We can see a a bearish W forming so we can expect more downside momentum at least to the monthly support. Daily: Price could be forming a H&S pattern that is aligning with a institutional candle (white box). 4H: We will be monitoring the zone of...
Monthly: Price is rejecting a previous broken structure as resistance so we are expecting more downside momentum. Weekly: Price is closing below all the structure so we are also expecting for price to filled the last weekly candle. Daily: In the daily we identify two possible zones where price can reject and continue to the downside. 4H: We are going to be...
Monthly: Price is currently rejecting a previous zone of resistance that now it is support and also is rejecting the ascending trendline. Weekly: Price is trading above the monthly support and we are expecting another tap to the weekly last higher low that was broken. Also we are expecting for price to fill the wick of the previous week. Daily: Price is in a...
Monthly: Price is rejecting a very strong demand zone. Weekly: Price already closed above the weekly resistance and the weekly candle could be filled next week. When we see this type of candles we expect them to get filled because on the lower time frames are just a pullback. Daily: Price is retesting previous broken structure and it is rejecting the 61.8% of...
Montly: We have a bearish scenario as price is forming a H&S pattern and also price is moving below the descending trendline. Weekly: Price is forming a bearish W and currently it is rejecting previous broken structure and also is rejecting the zone of the 61.8 and 78.6 of the weekly fib. Daily: Price could possibly come to retest a previous broken structure and...
Weekly: Price is sitting on a strong demand zone. Daily: Price is making LLs but it could be all correction for another push to the upside. Also price is at the last higher low of the bullish structure so it is a good zone for longs. 4H: Price already invalidated the 4h bearish structure and it is forming bullish structure so if price can continue like this we...
Monthly: We can clearly see that price is rejecting the previous broken structure that was resistance and now it is acting as support for more upside momentum. Weekly: Price has already completed the bearish W to the lows and now it is rejecting to the upside. Daily: Price formed a reversal pattern which can let us capitalize in a counter trend movment to the...
Monthly: We have to take in consideration the price is currently at a monthly support. Weekly: Price is forming a bearish W and it is also rejecting the zone of the 61.8 and 78.6 of the weekly fib so we could see anothe tap to the montly support. Daily: If the daily close is bearish we could probably see a H&S pattern in play for more downside...
Monthly: Price is showing some deceleration and it is retesting previous broken structure. Weekly: Price is forming an inverese H&S pattern that could indicate to us more upside potential. Daily: Price is also forming an inverse H&S pattern and it also rejected the lows. 4H: Price is forming 4h inverse H&S too so we can expect anothe push to the upside at...
Monthly: Price rejected the monthly high so we are expecting for price to reach a previous support. Weekly: Price is formign a H&S pattern and also a bearish W. Daily: In the daily time frame price is also forming a bearish W. 4H: We should wait for price to change from bullish structure to bearish structure to look for an entry.