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I'm preparing my gun here to hunt for bears because i;m bullish
We are compressing towards demand
As I analysed some time back, now i'm sensing a possible short as we are approaching significant zone
Looking at that supply zone,, im sensing a possible manipulation by Banks where they will first collect buy stops and induce traders to enter long before moving down.
Diamond setupis normally a manipulation setup hence I'll be lloking for short when price rallies up a bit and comes to my supply zone.
We can see Bears have heavily come and the current structure seems to be favouring bears if the supply zone holds. I'll be personally watching to see if we going to $53.
LOOKING TO TAKE TRADES AT THE SPECIFIED AREAS WHEN ALL CONDITIONS ARE MET UNLESS TONE CHANGES.
We on H4 supply level, conciding with h1
I tried buying this pair some days ago and my buy setup was invalidated. Now Im seeing a possible selling opportunity. When everything is met will sell unless tone changes.
I'm waiting for price to retace back to me for a short to be initiated. We have election polls suggesting the conservative party is winning which the youth do not support. so YEAH, BAD NEWS we should fall
We see we have broken out from a good level.. A retest and fall looks to be on the cards
Who will wn on that zone?? Bulls or Bears . I think Bears have the upperhand,buyers are already streched
Bearish outlook still remains intact with good risk reward ratio
We are currently sitting on demand zone
Price is slowly approaching key area in my opinion.
I'm expectig amove up from the demand zone
We see price is coming to that area of confluence