Price channeling uptrend. If breaks the trendline, seems the downward if going to be another confirmation to further goes down after making retracement at the trendline.
Keep on waiting if price retrace for sell or it is just fake out before moving upward. Depend on monitoring of price action
Earlier price is consolidating after making swing high in D1 and finally break the chart structure upward. The structure of flag pattern is formed. After retrace at the level 0.50 as per Fibonacci, that was the point of entry and making the target TP is from 0.50 Fibonacci to the same length of pole of the flag (from 0.50 Fibonacci to target TP at the next daily...
Price break the trendline in Asia session and did the retracement at the trendline level. No decision to be taken since no confirmation or direction from the market. Decision point on the trendline if price going down then wait for retracement at the trendline. Or if price going up and breaks trendline, wait for the price to retrace at the support marked support...
H1 trendline is channelling uptrend and zone supply and demand is to use for entry scalping. SL 30 pips above/below supply and demand area. Depends on the price action in the zone area.
Asia market session makes compression price, and the next session when UK session is expecting to manipulate the market. The last session US session is expected market to do the distribution/direction. The price is on the strong supply area waiting for the price to break resistance before or do the rejection on the supply zone.
Pending for price to break point B and trendline H1. After that may continue to wait for entry level as per Fibonacci tracement where the price make a contact most frequently.
In D1, price is currently making a retracement after making swing high. In the lower time frame, price is currently making sideways especially in H1 time frame. Currently price is coming back at the support area in H1 make it as a third time of retest support before. If the price break H1 trend line upward. Price may move up and the support before. There is...
There is point 1 and 2 happened at the same point of L area. The chart breaks L point and created point LL before move up to create new high. Price retrace at the supply zone.
In H1 TF, There is point one and two in the same level. Subsequently, create fake out as LL. Price move up and retrace at new level of demand zone. 26/02/2023 10.50 P.M