Weekly Analysis: Bearish posture Daily Analysis: Bearish posture. PA broke below lows (orange dashed line) 4HR Analysis: Bearish posture. Price action seems likely to continue it’s downward momentum. Looking for it to pullback before bearish continuation. Option A aligns on the 0.5 fib pull. In both A & B scenarios, wait for PA to get into either zone...
Weekly Analysis: PA is in bullish posture Daily Analysis: Bullish posture. Price action is currently at an all time high 4HR Analysis: PA can either break through highs and continue upwards or pullback into demand zone before continuing it’s route upwards. This zone is a noteworthy demand zone on the 15M TF and also falls on the 0.5 fib pull OPTION A: ...
Daily Analysis: Price broke daily resistance level around 0.66350. Price may pull back & retest that same zone 4HR Analysis: Price broke below support zone. If it pulls back to retest & rejects that same level, first TP will be @0.66800 and 2nd TP @0.66450
Weekly Analysis: Rejection off support. Daily Analysis: Rejection off support. Bullish morning star in the making. 4HR Analysis: Head and shoulder pattern currently forming. If right shoulder completes pattern and continues upwards, first TP will be @146.930. 2nd @147.550. 3rd @148.000