M: Downtrend, broke and retesting for the buy
W: Uptrend, respecting the lows
D: Downtrend, Retraced 100% and hit -61.8 and reverse to go long
4H: Uptrend. Retraced to 78.6
1H: Uptrend. Price retraced to 61.8
CURRENTLY:
I'm looking for price to break consolidation and go LONG to previous minor support/resistance
Over the next week or so, I am looking to see if price will hit -27 and -61.8 @ previous resistance points
(~ 70 pips)
+ 100 --> 150
W: Uptrend, respecting the lows
D: Downtrend, Retraced 100% and hit -61.8 and reverse to go long
4H: Uptrend. Retraced to 78.6
1H: Uptrend. Price retraced to 61.8
CURRENTLY:
I'm looking for price to break consolidation and go LONG to previous minor support/resistance
Over the next week or so, I am looking to see if price will hit -27 and -61.8 @ previous resistance points
(~ 70 pips)
+ 100 --> 150
Order cancelled:
Price never broke and retested resistance to enter trade for the buy