🔮 Price Forecast (Main Scenarios)
📈 Bullish Scenario (if price reacts from current level):
Price may bounce from the current 1H LQ Close zone (gray).
It could rally toward the upper 1H LQ Close zone (purple) to retest it and potentially trigger Phase 2 Inducement.
🎯 First target: 1.33150
🎯 Second target: 1.33450 (just below the 4H LQ Close)
📉 Bearish Scenario (if the current zone breaks):
A clean close below 1.32500 could open the path toward the 4H LQ Close zone.
🧲 Expect potential reversal around 1.31600–1.31800 (major buy zone).
📈 Bullish Scenario (if price reacts from current level):
Price may bounce from the current 1H LQ Close zone (gray).
It could rally toward the upper 1H LQ Close zone (purple) to retest it and potentially trigger Phase 2 Inducement.
🎯 First target: 1.33150
🎯 Second target: 1.33450 (just below the 4H LQ Close)
📉 Bearish Scenario (if the current zone breaks):
A clean close below 1.32500 could open the path toward the 4H LQ Close zone.
🧲 Expect potential reversal around 1.31600–1.31800 (major buy zone).
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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.
Related publications
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.