Morning folks,
Now we do not see yet any background for a "big game". Market needs time to manifest the next step. We said previously that it might be either direct upside action or big reverse H&S on weekly chart.
Now it is too few time passed to understand this. On a daily chart we have bearish context and engulfing pattern. So all that we have for Mon-Tue is an intraday downside AB=CD setup with ~104 and 101K targets.
Now we do not see yet any background for a "big game". Market needs time to manifest the next step. We said previously that it might be either direct upside action or big reverse H&S on weekly chart.
Now it is too few time passed to understand this. On a daily chart we have bearish context and engulfing pattern. So all that we have for Mon-Tue is an intraday downside AB=CD setup with ~104 and 101K targets.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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.