M5 guidance for buy stop traders

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Based on H1: Forget anything above 1.1717... Only selling for me!

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My rough selling spot is 1.1716 area... Let's see if price gets there..

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I often have my gut feelings saving me.. This time it was a false feeling yes but is well.. No harm done! Best wishes

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M5: Update! Bears are very good! Marking 1.1716 as main resistance...

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Roses are red.. Numbers are green... Robber banks will start to clean... M5: bears are good!

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M5: Okay... candle close below 1.17206... I am marking that area as resistance...

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M5: No candle close yet... watching!

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Die Minuten der "Hockzeit"

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Red data in 15 minutes... No trading for the next 30 minutes!

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Bears want to beat 1.1738 so eagerly.... and that's why I think this will shoot up! Just thinking out loud... Let's see... BUT M15 is saying: "A shoot up is also not so easy boyzzzz!" A stick with both sides ...

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Based on H1, I am still on sidelines... candles are still in gray area... 6 minutes until H1 candle close.. Let's see...

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Overall I read the progress like this: Robber banks need a higher sell point based on D1 and H4... Soon they will pump price up to sell as high as they can... Watch: 1.1740 as M15/H1 support! Sell limit targets could be hiding around: 1.1777/97 ...

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I hate narrow, gray areas... Zzzz... Waiting while H1 candles open between 1.1747 and 1.1738...!

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H1 candle closes back above 1.17405... I switch to buying dips to 1.1735-ish levels.. as long as 1.1733 supports! *Rebellion candles are no joke! They can cause brutal reversals!

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Based on H1, bears have the upper hand... Based on M5: bulls will try to reach 1.1746... I wait to sell the spikes based on H1... *If any H1 candle closes back above 1.17405 I cancel selling!

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Thanks... took me a hundred years while sleeping in my casket on daylights...

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While H4 candles open below ~1.1777, it is only selling spikes for me on H1 and M15...

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Meanwhile, on H1... 1.1740 is my nearest resistance... BUT is violated (rebellion candle)... Therefore, on this timeframe, even if you sell high, you must know that 1.1740 could act as a bear blocker!

EURUSD only

M5: Currently it is time to keep selling blue zone area, as long as M5 candles close below TP level: 1.1753... Chart is self explanatory! *With this post, I am ending the M5 example journey because it tires me... It should serve to give ideas how I ...

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