Samuel_G

Samuel_G

AS WE SEE HIGHER HIGHS AND HIGHER LOWS, WE EXPECT A BUY,BECAUSE THIS MEANS BUYERS ARE GAINING STRENGTH, UNLESS WE SEE A SELL PRICE ACTION, I VOTE BUY ON BREAKOUT

Samuel_G Updated 

CLEARLY AT A STRONG VALID TRENDLINE MAYBE NOT STRONG ENOUGH TO CAUSE REVERSAL BUT DEFINITELT STRONG TO CAUSE A BOUNCE I WILL POST A LOWER TIME FRAME ANALYSIS NOW TO SEE WHATS HAPPENING

Samuel_G

THE CHANNEL IS SIGNIFYING A STROOOOOONG SELL CONSIDERING THAT ITS ON A HIGHER TIME FRAME, I DONT SEE A REVERSAL YET, UNLESS FUNDAMENTAL KICKS IN, OTHERWISE,SELLING IT IS

Samuel_G

WE BUY ONLY AND ONLY ON REJECTION , AND WE HOLD OR SCALP DEPENDING ON IF THERE IS A REVERSAL SIGN OR NOT

Samuel_G

ON A NORML DAY WE WOULD SELL, BUT DUE TO PAIRS CORRELATION, THIS SELL CN ONLY HAPPEN PROVIDED GPBUSD BUYS, OTHERWISE A BREAKOUT COULD JUST HAPPEN, HOWEVER THERE HAS BEEN SOME SIGNS OF REJECTION, BUT WE TRADE IN THE STRONGEST DIRECTION , NOT WHAT WE THINK

Samuel_G

I SEE SOME SORT OF REVERSAL WHICH EQUATE REJECTION TO THE UPSIDE

Samuel_G

Be on the look out for good rejection

Samuel_G

we can see a clear formation of a possible channel to the downside, so chances of a selling is still high provided there is no external impact like news

Samuel_G

we can expect a continuous sell down to the bottom trendline, and provided there is a rejection, we can expect a buy