Gold has now broken the HL on the Daily Timeframe. -Unmitigated Orderblock on 1h timeframe + BOS to the downside. - Imbalance not completly filled on 1H + unfilled imbalance on Lower Timeframes -If price goes back to Premium levels & orderblock, will wait for LTF's confirmations before entering trade. Target will be the Equals lows below demand zone
Monitoring price action on the 1H timeframe Just an IDEA
Im currently monitoring price action on the 1 hour time frame. Will be looking for price to test key support level one more time.
Audcad is showing trendline break & retest on daily time frame. -Wait for a pullback or confirmation before placing short entries.
WAIT FOR BREAK AND RETEST OF TRENDLINE RESISTANCE
I AM EXPECTING PRICE TO CONTINUE FALLING - WAIT FOR BEARISH CONFIRMATION BEFORE LOOKING FOR SHORT ENTRIES!!!
-Trendline break & retest to the downside last week. -Will be looking for short entries
NZDUSD HAS BEARISH MOMEMTUM AND PRICE IS AT MAJOR RESISTANCE. WILL LOOK FOR GOOD ENTRIES WHEN MARKET OPENS LATER ON TODAY.
PRICE HAS APPROACHED MAJOR RESISTANCE ZONE. - DOUBLE TOP FORMED -STRONG BEARISH MOMEMTUM - WAIT FOR CLEAR CONFIRMATION SIGNAL BEFORE LOOKING FOR SHORT ENTRIES!!!
WILL BE LOOKING FOR BEARISH CONFIRMATION SIGNAL.
-DOUBLE TOP -STRONG RESISTANCE -WAIT UNTIL D1 CANDLE FULLY CLOSE CLEARLY WAIT FOR SELL SIGNAL CONFIRMATION!!!
wait for break and retest of trendline resistance.
-wait for market to test current resistance zone 70.01 to 70.12 -small uptrend formed in overall downtrend. -double bottom, triple top formed. -going to wait for break & retest of channel support or resistance.
Price has approached major resistance zone. Also trendline break and retest. Wait for confirmation signal.
Price is moving between small support and resistance zones on the overall bearish trend. I'm going to wait for the break and retest of the current levels.