There has been multiple touches off the resistance (green) just waiting for the next, the next one in suspected to be around the 3rd red arrow which will indicate a sell off to the bottom of the push up around 1.00717. that will be the tp1 then tp2 will be at the support line.
Trade at you own risk
Looking for bounce off the neckline then a buy to then next zone .
if neckline is broken then i will be waiting for market to re structure.
overall market is now bullish as in daily there is a morning star at support and 4hr there is a bullish engulfing.
lOOKING AT A POSSIBLE DUMP TO 7K (7039) TO HIT THE RED TRENDLINE IN THE DAILY CHART. IM LOOKING FOR A RETEST OF GREEN 4H-1HR TREND LINE THEN THE DROP TO 7039. ALSO A STRONG REJECTION OF ZONE CONFIRMING MY SELL POTENTIAL.
TRADE AT YOU OWN RISK!
multiple rejections at both major yellow zones which lead me to believe the market will push down.
Green zone will be my TP1 and yellow support zone will be my TP2.
(TRADE AT YOUR OWN RISK)
looking to long as soon as i see a price action pattern e.g shooting star pinbar ect
will TP at top trendline.
more trade opportunities if this one is missed.
