I can see that resistance has gotten very weak with price playing around in the zone and now a tip of the wick three times to show more attempts for the buyers to keep pushing price up. I would like to see some confluence on the PRZ level of 61.8 BOS on the 1 min with Transition break, retest, and follow through. Price going to test Daily resistance at the...
The markup has the explanation and confirmations needed to enter.
Price Consumption at Resistanec Area has been hit 4 times already Relevant time on the 1hr TF
clean head and shoulders since Friday close and since the market has opened for the last week of the month we are getting some more sell orders activated to go a good 200 pip down.
Confluence Exhaustion Simple Downtrend Patterns in every Time Frame up until the 30min
Impulse creating new HH Pullback looking for the HL Fbs 50.0 TP 27.0 and/or 61.8
I am just following price at this moment because we are in the middle of no where