Now that the market formed an equal lows it shows that the price would push to the upside. So be patient waiting for a possible setup on the lower timeframe to go long and target the resistance level.
The price is currently moving sideways now and we could ride the bullish impulse then target the resistance. Or it could reach the support level first so we are short in that case but overall we are ranging.
The market is so stretch so for us to maximize our profits is to wait for the retrace and trade the swing. We are confirmed bullish as the market broken out the previous resistance level.
Just like EU the price broken below the previous support but this time it already retested it. So we could ride the continuation of bearish impulse if we could find confirmations in lower timeframe.
Now that the price breaks below our previous support we then wait for the price to retrace back and reject it. Be patient waiting and you could do a counter trend but always know your risk.
A continuation of the bearish impulse is our best possible scenario for us to get in on the market. But always look for confirmations before taking a trade so be patient.
For our possible trade here is to enter short for a trend continuation and target the previous low. So just look for confirmation in lower timeframe before placing a trade.
Yesterday the market rejected the resistance level so if you missed that one then you have another opportunity. By entering a short position from the minor resistance then target the support level.
Price is ranging so our bias would be neutral since we buy on support and sell on resistance. Just be patient waiting for the price to touch any of the key levels before having a position bias.
The price already rejected our resistance level so we could see continuation of the bearish impulse. Or if the price happens to retest one more time then we are still short.
The price is nearly approaching our previous support level that would act now as a resistance level. Just wait for the price to touch and look for confirmations in lower timeframe.
We are still ranging in overall structure since the market keeps on rejecting the resistance level. Now we look for confirmations in lower timeframe before going short.
We could have a long position targeting the resistance level or wait for the break below the support level.
Now that the price broken out a support level with a massive bearish candle we are waiting for the retest to go short. Just be patient and look for confirmations before entering a trade.
We are still currently trading in the resistance level where we are interested to short the market. So look for confirmations in the lower timeframe before placing short position.
The market retested the previous support and now also retested the minor resistance. So we look for rejection in the lower timeframe to enter short position.
Still waiting for the retest just be patient waiting it’ll pays off. Look for confirmations in the lower timeframe before entering a position.
A rejection form the previous resistance formed so look for confirmations in the lower timeframe to go short.