We are pushing towards the downside If we start on the Forex daily time frame

We’re pushing towards the downside here and we’ll see what uh what eventually happens if we start on the daily time frame here we’ll see the day before so yesterday was very interesting that we have a consolidation phase down for the New York session and then I would say right before that, not before. That’s right, but like in between, uh, you know basically in between right before the Asian session.  

We are pushing towards the downside if we start on the Forex daily time frame

And that’s what I’m trying to say right before the Asian session, uh not about 3 hours before the Asian session, we have this good close and then continuing to the top, and that’s what you want to see as it’s happening in New York, where you want to see the price going up to the top and creating Pulled back into any type of structure and then closed above that structure in New York, we failed to close above the structure we closed above here but never broke the highs that were immediately rejected so there’s nothing you can do that went into a consolidation phase. And then we got the breakout here later, you know and at the same time here, you know the highs are respected and everything that makes it difficult, so this close here was very nice, uh, to give you a clear continuation of the clean setup number one, and now we’ve got, And I think the top of the range is here yes, we have reached the daily resistance pattern from yesterday, so we have reached the top of the daily resistance that was made yesterday, where the wick was made on The Daily to bring back the graphics.  

I want to see whether I have a good trading score or not in Forex

So I’m going to mark that on the charts here as daily resistance uh let’s go ahead and mark that until we get to this daily resistance we have daily support remaining somewhere here we have a wick crossing it so I’m not too worried about it uh because we’re crossing it I would expect that when We go down to the lower time frames. So look here at the 4-hour time frame, uh yeah, I’m not too worried, we then closed a bearish 4-hour candle giving you this mix session right giving you this mix session and giving you the sell-off that happened uh almost now which is not now uh About an hour ago, so about an hour ago you had some pretty clean options for sells here.  

Do you push daily resistance in Forex down?

It didn’t come up now otherwise it would have been perfect here and this was a very nice and interesting move so pushing this daily resistance down here I’m not too worried there was no 4-hour reaction for 15 minutes anyway I mean you can do it So I’m going to mark this anyway, that’s going to be another target. so I won’t worry about it if we start going down there, I’m going to mark it anyway, uh for the price that’s going down now, yeah we’re pushing down in time Currently here it’s better if you’re going to sell this, the selling will come out of here once the 4-hour close is bearish anyway. You’re selling this before the bearish 4 hours Clos candle, you’re selling it at the break of these 4-hour lows here uh which should also be below that support uh most likely, and yeah that’s how it’s going to be uh so selling here is meaningless otherwise This can do what could lead to higher lows and continue the uptrend here after this uptrend but once you get a bearish 4-hour candle that is the only time it gives you confidence.  

A 4-hour candle closing bullishly in Forex creates support

Same way here until you get a bullish 4-hour candle close which creates support then you don’t have confidence in buying so you need to see that rejection and that’s what will give you confidence in buying itself for selling you need to confirm resistance if We’re going to push down today, we’re basically uh we have a daily volatility basis, we’re in the daily volatility. Now uh let’s take a look at what happens over the 1 hour 1 hour and we’re sitting at the support for 30 minutes and we’re sitting at the support uh so there’s a little bit of patience now to be honest since the move has already happened here so we have to wait for the next setup here so So what I can see happening is that if we can get liquidity here, then this could be a retest and then we try to get to the daily resistance again and we could see buys above what I want to see what this might be from yesterday. I drew this yeah, I don’t think this is going to be very important anymore, let me see five anything uh we did, we took a break from that let’s see if it’s still relevant to 15 no, not really, so we’ll remove this line, this It was drawn from yesterday obviously from one hour here uh but now it’s not relevant in my opinion.  

Summary

Of these supports here and uh playing all day long but it wouldn’t be relevant to that amount of support here I think I drew it yesterday yeah I drew it when we broke out of this range yesterday if you guys remember, we held the price today and then we ended up closing below so no This is still level 15, this is still relevant of course uh now we’re continuing to push down so what I want to see is that support has kind of formed change the structure at least 5 minutes 15 uh 15 minutes change the structure the reason I want to change the structure is that I’m looking To repeat this step.