we see price on the daily Tf has been in a downtrend i believe price has bottomed out watch for reversals at the break of this corrective structure
on daily chart price is near resistance of what seems to be a wedge now price has started correcting in the form of a wedge will wait for the break below and close of structure to open a short trade
As analysed we got the push to the upside if you missed the first entry you can get in on the pullback
yesterday price attempted to rise but failed today we see price forming at support in the form of a corrective pattern as we are expecting a impulse to the upside will go long at the break and close above highlighted level Nb: do not assume price will impulse to the upside as it could also impulse down but our favored direction is to the upside
Price is presenting itself to us in the form of a correction on a previous resistance level if bulls can maintain this level and push to the upside i will be looking for a close on the H1 Tf to break and close above highlighted recent resistance to open a long trade
sell at the break and close of the highlighted support area
if you missed the push up there could be a pullback presenting itself we need to see price reject the highlighted previous resistance and turn at the level to form new support to get long
we had a big drop yesterday on which we grabbed some nice pips now price has bounced off the daily wedge pattern support lets wait for a pullback on the 15min and retest of previous broken structure to get long
we see a retest of broke structure i will be entering a short now with rr of 2:1
we had the expected drop now price is at a previous demand level will buyers be interested in buying at these price lows and give us a double bottom to enter a long position
we had a very strong drop out of a bigger tf pattern now a possible inverse head and shoulders forming lets wait for the break of the neckline and close above to get in a long trade
as price has rejected the daily trend i am looking for a break and close below highlighted resistance to get short into a possible bear run
we had the break of trend last week price seems to be gathering at previous resistance lets wait for a break and close above to open a long trade
so far price is still respecting the trendline and it has formed a correction pattern at support if we can get a break and close above previous resistance it shows that buyers are not willing to let price fall and i will be looking to get into a long trade
price respected the trend lets wait for a pullback to the level or correction to open a long trade
expanding pattern forming aiming for next higher high
after a drop we have a potential wedge forming indicating potential third touch and we need a bull candle to enter a long to test previous structure highs
price is respecting the trend if break previous wick sell