Based on the current market conditions, it is anticipated that the price will likely experience a decline from its present levels and potentially reach a value of 0.85385.
The 4H timeframe is currently in descending channel and we can see price recently came close to testing the order lock above. :
On the daily timeframe we are pushing though the volume threshold and recently broke structure to the downside
We are also in a surplus area of the hypertrend
Entry is based on the 1H timeframe
Indicators used created by LuxAlgo
The 4H timeframe is currently in descending channel and we can see price recently came close to testing the order lock above. :
On the daily timeframe we are pushing though the volume threshold and recently broke structure to the downside
We are also in a surplus area of the hypertrend
Entry is based on the 1H timeframe
Indicators used created by LuxAlgo
Trade closed: target reached
C Nicholas Downie
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.
C Nicholas Downie
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.