Early this morning we had a huge drop cracking through a major and minor level. i wanna see price pull back to that area where i will enter shorts again to the next zone
WAITING FOR PULLBACK THEN CONFIRMATION BEFORE LONGS
I was waiting for a break and test of resistance now turned support. I have now entered upon rejection at that zone.. With a 3-1 RR to next resistance.
I JUST ENTERED BASED OFF THE MITIGATION
we still have liquidity resting below.. waiting for the little pullback before a sell continuation
A DOUBLE BOTTOM HAS FORMED SIGNALING A SIGN OF TREND REVERSAL. WE HAVE SEEN BULLISH MOMENTUM STRENGTHENING IN THE PAST WEEK. WE WILL BE LOOKING TO JOIN THE NEW TREND IF PRICE CAN RETEST THE BROKEN HORIZONTAL LEVEL
I will be looking for a couple of rejection at retest before shorting this pair long term
Here we see that price has been respecting the bullish trend and have been breaking structure going up. We will look for more longs on this pair in future
Price has clearly made a higher high after "W" it made at support. looking at the next high before drop