Hello,
from the intraday perspective, we are testing the potential demand zone.
BOE interest rates decision is great event for more market manipulations, so we can see stop hunt below 0.9080 / 60.
If so, then we should see a quick return above 0.9115 / 25, and then a retest of 0.91 which would be a confirmation of long positions :)
1st target 0.9180 / 9210
Complicated ? Maybe a bit, but the chart means more than 100 words :)
Good luck
from the intraday perspective, we are testing the potential demand zone.
BOE interest rates decision is great event for more market manipulations, so we can see stop hunt below 0.9080 / 60.
If so, then we should see a quick return above 0.9115 / 25, and then a retest of 0.91 which would be a confirmation of long positions :)
1st target 0.9180 / 9210
Complicated ? Maybe a bit, but the chart means more than 100 words :)
Good luck
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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.