Hello Traders,
Hope you all are doing good!!
The pair just tested the Daily Order Block & is supported by divergence on 4H. Hence, a pullback is expected before moving further down.
I expect daily OB to be violated in order to go downside for mitigating weekly IB (before moving any further Big banks & Institutions needs to grab the liquidity).
There is Bearish Divergence on Weekly TF & last week candle was shooting star , if this week candle ends as bearish , we will have added confluence to this down move coming.
I expect upaide til 1.24 level in long term
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Hope you all are doing good!!
The pair just tested the Daily Order Block & is supported by divergence on 4H. Hence, a pullback is expected before moving further down.
I expect daily OB to be violated in order to go downside for mitigating weekly IB (before moving any further Big banks & Institutions needs to grab the liquidity).
There is Bearish Divergence on Weekly TF & last week candle was shooting star , if this week candle ends as bearish , we will have added confluence to this down move coming.
I expect upaide til 1.24 level in long term
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
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Look for a pullback to take last high before moving down.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.
Track Record & other links:
linktr.ee/for3xscalper
linktr.ee/for3xscalper
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.