19/12/19
Bearish daily close but prices remain locked inside the tight range between 1480 and 1472....As things stand the H1 is currently in the process of forming a bullish zone again while the H4 re,ains bullish. Given the continued daily close above the 1470 Handle, the Daily is currently sitting in neutral mode....As such overall Bias shifts to Neutral with a Bullish bias given the fact that the weekly zone remains in bullish territory, daily is neutral and H4 is bullish.
Now given the fact that there has been a sharp selloff whenever price touches the upper 1479/80 zone, any bullish setups will be trailed aggressively
and shorts opened at/near that handle but with care as it seems prices may look to break out higher, but till that happens,m we wash rinse and repeat the levels and setups....
H1: Neutral looking to flip bullish.
H4: Bullish and Zone: 1475.99 - 1474.42
D1: Neutral looking to flip bullish.
W1: Bullish and Zone: 1444.95 - 1471.36
Intra Day Levels
Upside
1488.42
1486.70
1483.86
1479.60
1478.21
Downside
1475.94
1474.90
1472
1469.59
1466.22
1461.56
Green Pips...
Bearish daily close but prices remain locked inside the tight range between 1480 and 1472....As things stand the H1 is currently in the process of forming a bullish zone again while the H4 re,ains bullish. Given the continued daily close above the 1470 Handle, the Daily is currently sitting in neutral mode....As such overall Bias shifts to Neutral with a Bullish bias given the fact that the weekly zone remains in bullish territory, daily is neutral and H4 is bullish.
Now given the fact that there has been a sharp selloff whenever price touches the upper 1479/80 zone, any bullish setups will be trailed aggressively
and shorts opened at/near that handle but with care as it seems prices may look to break out higher, but till that happens,m we wash rinse and repeat the levels and setups....
H1: Neutral looking to flip bullish.
H4: Bullish and Zone: 1475.99 - 1474.42
D1: Neutral looking to flip bullish.
W1: Bullish and Zone: 1444.95 - 1471.36
Intra Day Levels
Upside
1488.42
1486.70
1483.86
1479.60
1478.21
Downside
1475.94
1474.90
1472
1469.59
1466.22
1461.56
Green Pips...
4&1 All Time Profit:
$37,496
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