Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather reacts to the market than to try to predict it. I have directions for you for either way the market goes.
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 121.515
SL 121.321
TP1 121.762
TP2 121.141
TP3 122.454
Projected Entry for Sell
EP 120.945
SL 121.153
TP1 120.692
TP2 120.313
TP3 120.017
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 121.515
SL 121.321
TP1 121.762
TP2 121.141
TP3 122.454
Projected Entry for Sell
EP 120.945
SL 121.153
TP1 120.692
TP2 120.313
TP3 120.017
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Trade closed: target reached:
TP2 Smashed