GC is the only pair on my watchlist with a potential set up. Both the 4hr and hourly are bullish BUT it's in a range. I'll prioritize longs and wait for price to break and retest the new hourly high on the 15m time frame. At that point price could be looking to tap back into 89140 OR flip structures on the hourly where I would then wait to see a new LL formed. IF that set up plays out then I'll be looking for a 15m break and retest of the NEW HOURLY LL with targets toward 86640.
If you look in the past you'll even notice price was ranging between 87790 and 89140. So really all I'm waiting for is to see if price will push back above THAT original range or break below and continue consolidating where it's currently at. Hopefully that makes sense.
If you look in the past you'll even notice price was ranging between 87790 and 89140. So really all I'm waiting for is to see if price will push back above THAT original range or break below and continue consolidating where it's currently at. Hopefully that makes sense.
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