Waiting for Price Action
Updated
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 1574.85
SL 1564.24
TP1 1579.07
TP2 1587.57
TP3 1596.89
TP4 1614.35
Projected Entry for Sell
EP 1556.33
SL 1563.88
TP1 1552.44
TP2 1544.89
TP3 1531.43
TP4 1511.96
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
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 1574.85
SL 1564.24
TP1 1579.07
TP2 1587.57
TP3 1596.89
TP4 1614.35
Projected Entry for Sell
EP 1556.33
SL 1563.88
TP1 1552.44
TP2 1544.89
TP3 1531.43
TP4 1511.96
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
Trade closed: target reached
They said I was Crazy but look what happended LOL! Fundamentals plus News Baby! Almost an all time high and very close called.
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