Kagiso_nasty

Kagiso_nasty Updated 

Textbook setup. H4 Structure is bearish so I used it as a main analysis for direction. I looked left and there is a level of support that MIGHT be resistance. On M30 I saw that the minor structure was in line with the major structure. And lastly I looked at the MAs and they are showing me bearish momentum.

Kagiso_nasty Updated 

MY bias is long because market structure is bullish and therefore overall direction is bullish. I am still looking for a shift on the LTF so that I can start looking for buy opportunities.

Kagiso_nasty Updated 

With this one my reasoning for looking shorts is because STRUCTURE is bearish on the HIGHER timeframes. So I am just WAITING for the H4 to break and retest so that I can start looking for selling opportunities.

Kagiso_nasty

Simply BULLISH ; Just waiting on a bullish engulfing candlestick to start looking for entry opportunities.