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 1.21629
SL 1.22247
TP1 1.21010
Projected Entry for Sell
EP 1.19375
SL 1.19993
TP1 1.18756
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 1.21629
SL 1.22247
TP1 1.21010
Projected Entry for Sell
EP 1.19375
SL 1.19993
TP1 1.18756
Comment:
News overrides technical analysis thats why I made this a nuetral signal. Congrats if you took the sell signal but you can wait for the Retest to finish to enter as well
Projected Entry for Buy
EP 1.21629
SL1.21010
TP1 1.22247