Wait for price to close above indicated level before entering
wait for price to close above or below indicated levels before entering
Wait for price to close above or below levels before entering position
Wait for price to respect levels and to close above before taking the trade
Break and re-test of previous Lower High will give good Bullish momentum
Notice how there is perfect structure on the Daily. Creating Higher Lows and Higher Highs. Be patient with this trade.
Focus on how the market forms the perfect structure, we will be pushing for Lower Lows
Broke above previous resistance @ 142.860. Promising re-test of that level and a possible long setup after. Make sure to look out for reversal candles at that level (Pinbar, Doji, Spinning Top etc.)
On the H4 we see clear support level with multiple retests. Currently testing it again and if we break to the bottom we will wait for retest as resistance and then break for the short. Patience Is Key
The price action strategy just doesn't get any better than this, LEARN PRICE ACTION PEOPLE ! Check for the head and shoulders pattern, might be spot on.
Keep a close eye on how price reacts, 70+ pips on each move.
Forming head and shoulders movement and potential break of support level, moving to the downside.
Breaking this strong level should indicate a long or respecting it again for a short
2 strong level, let's be patient and wait for this move to break through
We are just waiting to see how price reacts to this strong level