First time applying some new concepts. Let's see how it goes.
Is already in motion but I marked a better RR entry higher, even if it break all highs I would sell if and only if the mitigation of the highs happen at 3 or 7 am.
Price is on a weekly level that should make it fly to the moon.
We are in a volatile moment where the next big trend is still on the making. Taking that in count I see a bearish expansion more probable than a bullish one. The time will tell but I already took the risk of the downside.
Estamos en un momento de suma incertidumbre con las elecciones de Estados Unidos y las noticias de las vacunas. El rango es claro y la verdad mi sesgo es alcista hasta que se pruebe lo contrario, sin embargo por ahora observo desde afuera. Ojo, un movimiento bajista me gustaria mas por el posible beneficio.
You can wait for the formation of the swing pattern in H4 for confirmation
We are on interesting daily levels of fibo and the liquidity is entering from the bull side. You can wait for the hourly market shift confirmation with the break of 1.550.
Risky entry on a possible false breakout pattern. The price already take all the liquidity necessary to make the movement to the upside.
This will be a confirm bullish momentum that can serve as a reentry if you take the previous entry.
I like the liquidity of this zone for the sell but it's kind of the most risky entry.
I'm waiting for the price to make a confirmation of the market shift. There is also the possibility of lower prices like 0.912 and then the bullish expansion but for now this is my view.
I'm looking for the price making the low of the day on London and then make a bullish expansion.
After a first bullish reaction in the bottom (91965) the price made a retracement just into the last resistance now turn support. Now I'm waiting for a break of the last swing and the entry on the correspondent pullback.
Tenemos un doble techo en H4 just en el punto que comienza la continuacion del movimiento bajista diario. Gran oportunidad de atrapar un precio premium.
HCH weakly, daily and hourly. Bearish transition already completed and waiting for a break and retest of the last structural point.