Hi guys, we saw a sell off the recent hours due to Powells Fed speech yesterday and the ECB interest rates increase. The question is if we are oversold, and if so, how the price will react in the next 24 hrs. I expect the price to go down to the trendline, breaks it, drops till 3869 or 3856 and shoots back up again, so that 4 hr candle closes in the Trendline...
Just a small technical analysis. Nothing big on fundamentals. I think all of you heard the speech. Big Liquiditation below big Trendline possible! Thats what i am looking for. Pls leave a like, if you found this contribution helpful CURRENCYCOM:US500