The price action confirms a bearish sentiment as it remains below the resistance zone, reinforcing the likelihood of a downward movement. The rejection at this level suggests a continuation toward 1,9671, with the possibility of extending further to 1,8325 if selling pressure persists. The overall structure aligns with the broader downtrend, making lower support zones viable targets.
However, if the price stabilizes above 2,2622, it could signal a shift in momentum. A further breakout beyond 2,5023 would strengthen the bullish case, increasing the probability of a trend reversal.
Tendency Keys: 2,2622.
Resistance Line: 2,2622. , 2,5023, 2,8257
Support Line: 1,9671. 1,8325. 1,5602
However, if the price stabilizes above 2,2622, it could signal a shift in momentum. A further breakout beyond 2,5023 would strengthen the bullish case, increasing the probability of a trend reversal.
Tendency Keys: 2,2622.
Resistance Line: 2,2622. , 2,5023, 2,8257
Support Line: 1,9671. 1,8325. 1,5602
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The price has a strong bearish trend toward our target
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.