Analysis D1: In the daily timeframe we can see that the market shifted from a bearish structure to a bullish structure after breaking the last low hight of the bearish structure, and we also have another confirmation of the market shift because the price has not broken the low low of the bearish structure, so now i consider the market bullish.
Analysis H4: In the H4 timeframe we can see that the market shifted from a bullish structure to a bearish structure and for now we need to wait and see if the price can break the lower hight of the bearish structure, if the market can break it we will be in a bullish market, but if the market can't break it we will remain in a bearish market, but remember from above that the last lower low that i have drawn down rappresent a fundamental pont in the D1 Chart, if in the H4 the price go under the lower low, the market remains bearish, and that also means the D1 timeframe market will become bearish.
Analysis H1: Almost the same thing for the H1 timeframe, except in this case we have a more remarkable bullish structure, with a little bit of manipulation in the last HL, and we still wait for the break of the LH of the bearish structure.
Trades: I personally will wait for the NY session and wait for the break, if the break occur as i said before i'm bullish so i will wait for an opportunity to enter a buy trade, but if it do not occur i will not wait for a sell trade because overall i'm bearish on DXY "Dollar Currency Index".
Remember it's only my personal opinion, i'm not giving financial advice.
Analysis H4: In the H4 timeframe we can see that the market shifted from a bullish structure to a bearish structure and for now we need to wait and see if the price can break the lower hight of the bearish structure, if the market can break it we will be in a bullish market, but if the market can't break it we will remain in a bearish market, but remember from above that the last lower low that i have drawn down rappresent a fundamental pont in the D1 Chart, if in the H4 the price go under the lower low, the market remains bearish, and that also means the D1 timeframe market will become bearish.
Analysis H1: Almost the same thing for the H1 timeframe, except in this case we have a more remarkable bullish structure, with a little bit of manipulation in the last HL, and we still wait for the break of the LH of the bearish structure.
Trades: I personally will wait for the NY session and wait for the break, if the break occur as i said before i'm bullish so i will wait for an opportunity to enter a buy trade, but if it do not occur i will not wait for a sell trade because overall i'm bearish on DXY "Dollar Currency Index".
Remember it's only my personal opinion, i'm not giving financial advice.
My entire life in one sentence: it didn't go as planned, and that's ok.
Random Scalper All Time Return:
128.1%
1