TJ : 11072023
1. Swing A spotted
2. CSM formed
3. PALZ identified
4. However, CS still in upper BB.
5. Awaiting CS to flip into lower BB and wait for CSM.
6. Fibo at 1/2 body CSM placed for monitoring
7. Focus SELL
1. HL appears at PAL. Price reject PAL for several times
2. CSM on 7 JUL 23.
3. Entry made at 1/2 body of CSM
4. For sharp entry wait for price to cross mid BB and wait for CSM again
TJ : 010723
1. PAL and MRZ formed
2. Price tested both upper and lower PAL/MRZ
3. New LH/TNP A formed. Indicating price most likely will continue/break down
4. Waiting for CS signal
5. Focus SELL. Weaken DXY
TJ : 010723
1. COMPLEX ISSUE
2. New TNP B and TNP A formed
3. See weather price gonna break new TNP B or A
4. Decision to be made after breakout.
5. Price still in upper BB
1. TNP B already completed
2. Price fly breaking the previous Resistance. Which is our TNP A before. Signing that this is a big move of buyers.
3. TNP A created.
4. Price dive
5. Awaiting price movement and cs shape.
6. Decision to be made if any signal cs appears.
7. Focus on BUY
1. Prediction of head and shoulder formation.
2. Price expected to close lower.
3. New HH seems to be not formed.
4. New resistance zone identified.
5. Chances to short is more likely than long.
1. Price hit bottom area and bounce back higher.
2. Creating triple bottom.
3. Price fly high until new area of resistance.
4. To monitor price and look for signal weather to sell or buy.
Price reached the resistance area. Long position was closed and short initiated. This decision simply was made due to the SBR area and history shown that price will act accordingly.
As for now price are moving to the resistance, towards the target after bouncing from the support. Awaiting price to reach the resistance and look for new opportunity to sell. Looking for the signal and confluence.
Price already creating new HH and HL (refer chart). As for now price is in retracement phase based on H4 chart. Prediction at the moment that price will continue rise to its new high.
