28/11/19
Following the tight range price was consolidating in, although London Bought , price failed to get a clear break and close above the m15 200 ema that we had mentioned we were looking for to load convincing longs upon the retest given the fact that the handle coincided with the H1 buy zone, the invalidation of the handle saw us revisit current structure support near the low 1450's, outlook remains to wait for LO, but look to buy structure support and sell D1 sell setups, inbetween, we will look at our key timeframes, H1 and H4 to get some intra day setups while we wait for price to get going....There isnt much to say as PA has been rather flattish throughout the week so far and we havent challanged the H1 200 MA as yet, however will remain patient and look to wait for the levels to be tagged and trade off of them....
As things stand,
H1: Bearish: 1456.39 - 1456.96.
H4: Bearish: 1457.75 - 1460.18.
D1: Bearish: 1465.65 - 1473.64.
Intra day levels
Upside
1469.43
1465.68
1463.3
1462.12
1458.36
Downside
1457.69
1452.80
1450.79
1447.04
1444.19
1441.47
Green Pips
Following the tight range price was consolidating in, although London Bought , price failed to get a clear break and close above the m15 200 ema that we had mentioned we were looking for to load convincing longs upon the retest given the fact that the handle coincided with the H1 buy zone, the invalidation of the handle saw us revisit current structure support near the low 1450's, outlook remains to wait for LO, but look to buy structure support and sell D1 sell setups, inbetween, we will look at our key timeframes, H1 and H4 to get some intra day setups while we wait for price to get going....There isnt much to say as PA has been rather flattish throughout the week so far and we havent challanged the H1 200 MA as yet, however will remain patient and look to wait for the levels to be tagged and trade off of them....
As things stand,
H1: Bearish: 1456.39 - 1456.96.
H4: Bearish: 1457.75 - 1460.18.
D1: Bearish: 1465.65 - 1473.64.
Intra day levels
Upside
1469.43
1465.68
1463.3
1462.12
1458.36
Downside
1457.69
1452.80
1450.79
1447.04
1444.19
1441.47
Green Pips
4&1 All Time Profit:
$37,496