Waiting for Price Action (Very Likley Buy)
Updated
Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather reacts to the market than to try to predict it. I have directions for you for either way the market goes.
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 1.04246
SL 1.04041
TP1 1.04504
TP2 1.04851
TP3 1.05222
TP4 1.05509
Projected Entry for Sell
EP 1.03547
SL 1.03749
TP1 1.03309
TP2 1.02951
TP3 1.02678
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 1.04246
SL 1.04041
TP1 1.04504
TP2 1.04851
TP3 1.05222
TP4 1.05509
Projected Entry for Sell
EP 1.03547
SL 1.03749
TP1 1.03309
TP2 1.02951
TP3 1.02678
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Trade active
Consolidating at TP1
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