Slow pace to the Top!

19 апр. 2023 г.

1) On the 4H and the DAILY nothing changed in terms of structure. it could have gone all the way to 1960.25 and still held the uptrend, It seems as though structure is holding and will continue to hold. The smaller intraday time frames like the 30m or the 1H frame looked like it broke the complete uptrend structure totally. it seems on the 30M and in more intraday frames that we have a correction to go back to our normal up trending structure. This will entail that previous higher Low levels will either resist or break. We will look for the confident breaks (Volume & Momentum)

2) After final analysis we see that our buys for impulse entry's is going to be around the 1996.40 zone.

3) We need that area to break -- so preferably take a buy position (Very conservatively) at 1996.40 aim for a 2 move so you can be out with profit seamlessly and quickly as possible. ideal exit price 1998.25.

WAIT FOR THE BREAK!!!