Let's observe how price action unfolds over the weekend. I've diligently identified key levels that, in my analysis, appear poised to be touched in the sequence I've indicated with arrows. With experience, you'll come to appreciate the recurrent nature of these sequences – they're like the timeless rhythms of the market.
Understanding these sequences grants you...
My previous level still stands, if we close the next 1hr candle up here, expect a possible entry on an untested level lower down, believe it or not. This may be the last level before moving much further up to the next area.
We have made the high we needed to and closed where we needed to, now we should see a retracement to certain levels before continuation, I see the whole weekend being "chop" as some call it, teasing further longs, before another needed test before continuation.
Let's see and good luck.
Just want to save this here, as its beautiful price action working as intended. I had drawn the yellow lines of destiny beforehand, and came back to this, let's see if it follows through and finishes of the idea.
This is were I think the price will be going to today, I believe there is volatility today because of news people, but regardless this is the areas we should visit to collect the news peoples liquidity. They have moved their stops up as we have "broken out".
then we should see an impulsive reaction in the market to the next area.
Let's retest a little lower here and then send it for a nice birthday pump XD, ok.
I have partial TP's along the way, and a slightly wider stop.
It's still 3:1 risk reward which should be a minimum to open a trade.
I'm willing to go against the majority for this trade, it will be good when it happens.
Not financial advice. Please use risk management, its the...