Bias for friday are longs! [Full analysis]
Updated
Bias for friday are longs!
August 17 closed at 1.0872 above August 16 low of 1.08714
NOTE: There was an institutional buy (huge volume than normal)
@ 1.0856 1-2 hours before market close
-which pushed the price above August 16 low of 1.08714
-closing August 17 daily candle of 1.0872 above it
= This confirms our bias for August 18 Friday.
1st target of liquidity.
August 17 Thursday high. 1.0918
2nd target of liquidity
August 16 Wednesday high. 1.09289
NOTE:
Monthly bias = BEARISH
Floor price of 1.083-1.084
Check my long term idea in the related link.
August 17 closed at 1.0872 above August 16 low of 1.08714
NOTE: There was an institutional buy (huge volume than normal)
@ 1.0856 1-2 hours before market close
-which pushed the price above August 16 low of 1.08714
-closing August 17 daily candle of 1.0872 above it
= This confirms our bias for August 18 Friday.
1st target of liquidity.
August 17 Thursday high. 1.0918
2nd target of liquidity
August 16 Wednesday high. 1.09289
NOTE:
Monthly bias = BEARISH
Floor price of 1.083-1.084
Check my long term idea in the related link.
Note
Note
![[Alert]Bears in control! - Full analysis](https://s3.tradingview.com/h/h8VsJs3k_mid.png)
correlation
$$$$ - weak
sell USD-XXX
buy XXX-USD
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