Price has been consolidating around this key support zone and has just swept the liquidity on the 15m chart, i would now expect price to start making the move back to the upside, feel free to let me know your thoughts on this!
Price has pulled back from 1940 area to our fib killzone bounced from trendline also, looking for it to push back to 1940 minimum here, potentially look for 1954/55. Thoughts/critiques?
I am looking on the daily chart and seeing we are in a uptrend, we are currently retracing back to the previous lows which aligns with our fib killzone and a trendline to support this uptrend, we have been bearish on UJ for the past 5 days and i would expect some buying pressure to come in at this level to start pushing back up and continuing the trend. what do...
I see the market is currently ranging 0.67 and 0.66 we broke structure on the 15 min chart and now retesting the level which is also the FIB killzone, could it continue to the bottom of the range?
My thinking is to look for price to retrace up to our fib killzone/ order block before continuing down to 138.6 area and then moving back upwards to continue the uptrend. thoughts?