Waiting to open a sell position on this pair
expecting a bounce to the upside once we reach the support
A reversal could be on the cards at this low. waiting to see if I can get long at some point on the 15min TF
waiting for a short term short before a longer term long
Correctively moving back down to the low meaning there could be some upside momentum building
as we can see we have a smaller bearish corrective pattern within a larger one. waiting to see if I can get on a move to the downside
waiting for an opportunity to sell
Waiting for an opportunity to sell this on the lower timeframes
Waiting for the break and close below and then an entry reason on smaller timeframes
Waiting for a break to the downside as it looks like a weak pullback
Waiting for a break of the corrective structure to the downside. Will then be looking to enter short
wait for confirmation... But it's looking like it could be a nice long position to the upside.
As there hasn't been a real impulsive move away from the trend channel support, I'm seeing the current price as a corrective move with still further downside expected.