Weekly:
Pretty much a red week candle this week. We did a wick fill and struggling at a weekly support level.
Daily:
Currently sitting on a daily support, also the weekly support and 4 hr support. (white line)
4h:
Last few 4 hr candles are getting tighter. Definitely seeing first signs of consolidation after that big move down.
So far, hard to tell if we're to continue down or do a reverse here.
1hr:
I'll be honest that the setup for reversal buys aren't great. Bouncing up we'll enter a range area. It's tight and risky. Don't really like it.
Slightly better option is to sell. However this support level is likely not an easy level to break.
It's Friday. We've made winning trades for the past 3 London sessions. Maybe sitting out would be best for today/
Pretty much a red week candle this week. We did a wick fill and struggling at a weekly support level.
Daily:
Currently sitting on a daily support, also the weekly support and 4 hr support. (white line)
4h:
Last few 4 hr candles are getting tighter. Definitely seeing first signs of consolidation after that big move down.
So far, hard to tell if we're to continue down or do a reverse here.
1hr:
I'll be honest that the setup for reversal buys aren't great. Bouncing up we'll enter a range area. It's tight and risky. Don't really like it.
Slightly better option is to sell. However this support level is likely not an easy level to break.
It's Friday. We've made winning trades for the past 3 London sessions. Maybe sitting out would be best for today/