insight on what I am currently looking at with this market if you look you can see price rejecting a small level of resistance. I have always known these major pairs to re visit key zones in market structure and then continue in the desired direction.
This takes a lot of patience to catch a move like this but if youre wanting to capitalise on smaller moves along the way, I tend to scale in to smaller time frames and ride market structure that way.
Another confluence I have is that the moving averages are levelling out on the H1 time frame as it comes close to the resistance zone ready for rejection.
Remember this is just my outlook on the market this is never set in stone.
Thanks, trade safe
This takes a lot of patience to catch a move like this but if youre wanting to capitalise on smaller moves along the way, I tend to scale in to smaller time frames and ride market structure that way.
Another confluence I have is that the moving averages are levelling out on the H1 time frame as it comes close to the resistance zone ready for rejection.
Remember this is just my outlook on the market this is never set in stone.
Thanks, trade safe