Emas / Dollar A.S.Diupdate What do we see
So lets dismantle everything we know
I started in Daily so I could quickly chek where we at, so we are still bullish in long term, there is no significant structure break to tell we are switching to bearish.
So in 4hrs we are still bullish since we didn't break the previous low that created the previous high. Means we are still looking to go up and clear some of the left behind liquidity.
Now on 1hrs, this is where it gets a little tricky. We dont have a clear idea where we headed now, if we continue with the flow or retract, get some stability back or continue the bullish trend.
To get a better idea, I went down to 15mn, and can clearly confirm that it respected the trendline and clearly broke the previous high that created the previous low, meaning we turned bullish.
So now knowing we are bullish, we know it can probably retrace back and maybe give as a good buy entry.
But thats just theory, and I am only sharing what I see, you do what you want with these informations. I am open to some advice good or bad, I can also miss things.
I started in Daily so I could quickly chek where we at, so we are still bullish in long term, there is no significant structure break to tell we are switching to bearish.
So in 4hrs we are still bullish since we didn't break the previous low that created the previous high. Means we are still looking to go up and clear some of the left behind liquidity.
Now on 1hrs, this is where it gets a little tricky. We dont have a clear idea where we headed now, if we continue with the flow or retract, get some stability back or continue the bullish trend.
To get a better idea, I went down to 15mn, and can clearly confirm that it respected the trendline and clearly broke the previous high that created the previous low, meaning we turned bullish.
So now knowing we are bullish, we know it can probably retrace back and maybe give as a good buy entry.
But thats just theory, and I am only sharing what I see, you do what you want with these informations. I am open to some advice good or bad, I can also miss things.
Catatan
Above is best case scenario, what if it turns the back in us?2nd best scenario is it just continuing its path straight to 2350 and clearing
the liquidity, and then taking the route we thought in the first case scenario.
So this could turn into a buy, refining at 5mn, taking a sniper entry and going for it.
Lets see what happens
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