W1 - Price is at the middle of the range, hidden bearish divergence formed, band to band move.
D1 - Bearish divergence forming, price is about to reach the magnet zone. We might expect a reversal from this zone or we might expect one more push to the upside and then a reversal to happen from there.
H4 - False break but no divergence yet so we may expect one more push up with bearish divergence to form. From that point we can look for sells.
H1 (Aggressive) - False break with bearish divergence. If the price breaks below the current low at 0.91200 (approx) we can start looking for sells.
If the risk reward is not good based on your targets, then look for pullbacks in the form of double wave up and then go short with the breakout of the most recent uptrend line.
D1 - Bearish divergence forming, price is about to reach the magnet zone. We might expect a reversal from this zone or we might expect one more push to the upside and then a reversal to happen from there.
H4 - False break but no divergence yet so we may expect one more push up with bearish divergence to form. From that point we can look for sells.
H1 (Aggressive) - False break with bearish divergence. If the price breaks below the current low at 0.91200 (approx) we can start looking for sells.
If the risk reward is not good based on your targets, then look for pullbacks in the form of double wave up and then go short with the breakout of the most recent uptrend line.