Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather reacts to the market than to try to predict it. I have directions for you for either way the market goes.
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 1.62043
SL 1.61810
TP1 1.62320
TP2 1.62927
TP3 1.63399
Projected Entry for Sell
EP 1.61390
SL 1.61611
TP1 1.61136
TP2 1.60870
TP3 1.60591
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Set alarm for 5 mins. If the candles closes red enter for sell
Waiting for the break of support or Resistance on 1 hr
The retest of Support/Resistance on the 1-hour candle or Higher Time frame
2 consecutive 15 min candles in initial breaks direction
Projected Entry for Buy
EP 1.62043
SL 1.61810
TP1 1.62320
TP2 1.62927
TP3 1.63399
Projected Entry for Sell
EP 1.61390
SL 1.61611
TP1 1.61136
TP2 1.60870
TP3 1.60591
I have confirmations for both directions. So this is a Neutral call I will be moving in either direction after price action.
Also to add... it's not uncommon to hit TP1 in one direction and TP4 in another. This is not an either or signal. I will take priceaction in either direction.
How to read my chart
TP's are marked in Green
The zone is marked Orange
hover over note pins for price action Entries
Set alarm for 5 mins. If the candles closes red enter for sell
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TP1. on to the next