A retrace to the broken structure on lower time frame is happening right now. As price breaks out to the downside we can capitalise on this move.
Very bearish outlook based on the structure of weekly time frame.
This pair is in a weekly bearish flag which suggests a continuation to the downside. Now we have an end of cycle phase with last week double topping + multiple time frame divergence as well as a breakout to the downside with a very bearish weekly candle close. Any retraces and tests of previous structure will be good for us to short this pair.
Multiple confluence zones, daily support, channel, accumulation and a bullish breakout as well as huge divergence across multiple time frames.. Very high risk to reward at the area indicated.
Wait for a pullback and retest of the MA's, good trade
Beaut entry if we can get a retest of the support indicated
Looks like a good trade in the coming week. Enter on lower time frame.
Short term bias (look at description on chart) .
We can look for shorts on a smaller time frame after a retrace to the area shown.. Monitoring and waiting for the breakout on a smaller time frame will allow us to enter with a smaller SL and a better risk to reward ratio this is an overall outlook I will update nearer the time.
Price setting up for a buy, will update when there is a buy opportunity.