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The price went up to the important zone 1. The first time I missed the opportunity to enter. For the second time I saw the weakness of the buyers and the expediency of entering downstairs. The entrance is 5 candles down.
On 1H side motion. During the analysis, I saw a couple of hints that when the movement leaves the BC, it is likely to move down. Pushed it out of the way. At 5M, after a slight downward movement, the price also got stuck in the sidewall. Looked for entry points from zone 1 to support. The first entrance, the weakness of buyers at 1M and the entrance to the shorts for 5 candles. You're lucky.
In the second case, after the support was broken down, I wanted to see the buyers' weakness. That's what I wanted to see. Entering the shorts for 4 candles, waiting for a strong impulse down. The price went up for the Zone 1 test and collapsed, completely breaking through the support.
AUD/CAD
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The price went up to the important zone 1. The first time I missed the opportunity to enter. For the second time I saw the weakness of the buyers and the expediency of entering downstairs. The entrance is 5 candles down.
Can you help answer these questions from other members on NexusFi?
The downward trend on 1H. Waiting for the completion of a small rollback at 1H and a rebound from zone 1. Performed two entrances from this area. But the price quickly turned around and went for a second test.
There was also a strong zone 2 at the top. The rollback on 1H is deeper than I expected. The rebound from zone 2, was considered a good idea. Entering from zone 2 by 4 candles down.
On 1H you can see a clear downtrend. At 5M zone 1 was marked. Zone 1 is an important area. When the price fully entered the zone, decided to enter down. Performed 2 inputs on kickbacks (1M), towards Zone 2. Then expected a breakthrough of zone 2 and continuation of the global downtrend.