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 108.319 SL 108.051 TP1 108.586 TP2 108.854 TP3 109.211 TP4 109.665
Projected Entry for Sell EP 107.705 SL 108.062 TP1 107.558 TP2 107.339 TP3 107.120 TP4 106.568
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 price action 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
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.