H4 We have no bearish divergence so I'm looking for the Z up. Were in consolidation in the X wave and I expect this to continue for a week or more before I will consider taking a buy signal for the Z up.
Experienced traders can scalp short down to the 38.2fib but by the look of price action were in a correction and it will be choppy, I'm only looking to trade the impulse Z up and won't be wasting my time or risking my account scalping against the H4 trend.
I'll update this idea once we get more data with possible buy setups.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
Experienced traders can scalp short down to the 38.2fib but by the look of price action were in a correction and it will be choppy, I'm only looking to trade the impulse Z up and won't be wasting my time or risking my account scalping against the H4 trend.
I'll update this idea once we get more data with possible buy setups.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation of my free analysis.
Thank's to all the traders in advance that hit the thumbs for your support!
H4 Chart.