usdjpy daily. Notice bounces=moving away shorts on lower timeframes at this Daily SD zone.

Would you say we should look for buy setups on lower timeframes?

Jon wrote: Sun Feb 05, 2023 2:37 am Would you say we should look for buy setups on lower timeframes?

i think it may go down and further moves up m30 tf
doubt top in m30 ...
expert meyney will guide for more

sal wrote: Sun Feb 05, 2023 4:05 am i think it may go down and further moves up m30 tf
doubt top in m30 ...
expert meyney will guide for more

Hi Sal, I hope you are well:)

Yes i think it will go down and retest an SD zone before continuing up with the main trend.

Jon wrote: Sun Feb 05, 2023 2:37 am Would you say we should look for buy setups on lower timeframes?

watch your levels and yes lower timeframes can help you to enter or will help to see the cycles better. So as you can see careful here with longs daily 4h price might bounce on the Daily SD.

Meyney wrote: Sun Feb 05, 2023 7:20 am watch your levels and yes lower timeframes can help you to enter or will help to see the cycles better. So as you can see careful here with longs daily 4h price might bounce on the Daily SD.

Thanks M, Yes i have that one mapped out, It's definitely something to be wary of for sure. I anticipate a reaction.

I'm practicing my trendlines this weekend

Enjoy the rest of your weekend!

just example this audnzd case could have been (hindsight but no repainting) a perfect setup; impulse down, flip, retrace trendline break...be selective

gold

gold no solid upward momentum yet.