Near term trend
The candle respected and closed below the daily res (0.6910) + The price is going up to the confluent value area, monthly res (0.7050) to make higher high.
Short term trend
Bearish engulfing candlestick pattern + the price has made higher high, it is going down to the daily sup (0.6855) to make higher low.
mini-short term trend
The price might retrace up before it could go down to the daily sup (0.6855). The price has made a lower low, it is going up to the daily res (0.6910) to make a lower high then it will go down to the daily sup (0.6855).
Signal
Bearish
The candle respected and closed below the daily res (0.6910) + The price is going up to the confluent value area, monthly res (0.7050) to make higher high.
Short term trend
Bearish engulfing candlestick pattern + the price has made higher high, it is going down to the daily sup (0.6855) to make higher low.
mini-short term trend
The price might retrace up before it could go down to the daily sup (0.6855). The price has made a lower low, it is going up to the daily res (0.6910) to make a lower high then it will go down to the daily sup (0.6855).
Signal
Bearish
Trade closed: target reached
The trade played well according to my predictions. Now i am waiting to confirm the bullish move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.