Price has made a breakout from falling channel. pair is still manipulative, the new weekly candle will show us if bullish will ride price to the upside or more weakness from USD will push price to the downside, price also looks to be forming an inverted heads and shoulder.
Price is currently in a downtrend. Price made a retest of equilibrium mirror level of supply and demand, made a false breakout forming an head and shoulder and closed blow level on the weekly candle, price will look to retest the area of equilibrium before either generating enough bullish momentum to breakout of downtrend to supply zone or price will look to make...
Price is at demand zone, price will look to either continue in its bearish pressure by either making a little retracement before strong bearish pressure pushes price lower or price breaks demand zone to unfilled order area or bullish pressure can push price to supply zone. waiting to see how price reacts in the new week.
Pair is currently bearish and made a triple top at area of Supply and made a push to equilibrium area of supply and demand, price made a rejection and bounced off previous broken structure, price will look to make its way to demand zone and fill order blocks in area of demand. going to see how price reacts in general to this view and analysis with new weekly candle.
Price was moving in an uptrend then price made a breakout from uptrend and was moving in a range on the timeframe as expected, price looks to have made a breakout from the range and a retest.I expect continuation of bearish pressure, this will be confirmed if the new weekly candle turns out to be bearish. also price looks to have been testing the supply zone of...