Four-hour timeframe
Approaching an area where the impulsive phase may end. Nothing has happened to suggest that yet so we take it for what it is.
TREND: Bullish
PHASE: Impulsive
POI: Approaching Fibonacci Extension
Fifteen-minute timeframe
Strong impulsive candle caused a possible bos. Waiting for markets to open to see if it is indeed a bos and if we get that pullback
TREND: Bullish
PHASE: Impulsive
POI: Approaching Fibonacci Extension
Five-minute timeframe
Sitting on my hands waiting, price must first retrace into a 15 minute POI for me to switch to the 5-minute timeframe and monitor for entries.
Approaching an area where the impulsive phase may end. Nothing has happened to suggest that yet so we take it for what it is.
TREND: Bullish
PHASE: Impulsive
POI: Approaching Fibonacci Extension
Fifteen-minute timeframe
Strong impulsive candle caused a possible bos. Waiting for markets to open to see if it is indeed a bos and if we get that pullback
TREND: Bullish
PHASE: Impulsive
POI: Approaching Fibonacci Extension
Five-minute timeframe
Sitting on my hands waiting, price must first retrace into a 15 minute POI for me to switch to the 5-minute timeframe and monitor for entries.