1) BULLISH ENGULFING20 BUY AT PRICE RETRACE TO MID OF ENGULLFING PATTERN
1. ASCENDING TRIANGLE AS PRICE KEEP MAKING HIGHER LOWS 2. PRICE KEEP REJECTING RESISTANCE WITH REVERSAL CANDLE PATTERN.
1. Price has moved below SbR (Support becomes Resistance) 2. Price opens below Daily Pivot (50%) 3. Going short as price retrace back to Pivot 50% Friday candle with a stop loss just above the previous high.
Anybody who missed the first analysis here another entry at Hour 1 timeframe. reason being... 1. Price in an uptrend and stops at resistance 111.000 maker a new High. 2. Drops at 110.797 create a new Low. 3. Rally up again and breaks the previous Hign to make a new Higher High at 111.072 4. Price again drop below previous Low (110.797) and a new Lower Low is...
THERE IS A FLIP ZONE AT LEVEL 111.00 SUPPORT BECOMES RESISTANCE