Monthly:
We broke the monthly uptrend June 2018.
With a big retest to start the bearish movement.
Currently in our downtrend.
Consolidating on a Monthly Support level.
Rejection candles indicating strong support zone making.
Weekly:
Price respected the bearish TL on numerous occasions.
But price is getting in a triangle formation.
Waiting for the breakout to happen.
Previous candle has rejected the support zone, closing above.
Daily:
Ranging on the daily TF, waiting for fundamental to push this price bullish to our mid-range zone.
4Hour:
ENTRIES!!!
Wait for clear indication en enter after exhaustion move (pullback)
We broke the monthly uptrend June 2018.
With a big retest to start the bearish movement.
Currently in our downtrend.
Consolidating on a Monthly Support level.
Rejection candles indicating strong support zone making.
Weekly:
Price respected the bearish TL on numerous occasions.
But price is getting in a triangle formation.
Waiting for the breakout to happen.
Previous candle has rejected the support zone, closing above.
Daily:
Ranging on the daily TF, waiting for fundamental to push this price bullish to our mid-range zone.
4Hour:
ENTRIES!!!
Wait for clear indication en enter after exhaustion move (pullback)