From my previous published Idea, I stated that ....820 would be my first entry and ...590 the next.
If Shib breaks and closes above it's previous Bearish Lower high, I'll simply wait for a retest to the newly Created Demand.
However, keeping in mind that this impulse might be Due to Fundamental occurrences, thus I'd keep the ...590 as a potential Valid re-entry,...
GBPUSD, Price just rejected off weekly demand Area, a very potent support in recent times.
Looking at this 1hr time frame price Action, and with a hidden bullish Divergence on the Rsi, would you rather wait to Long at the indicated area, or look for shorts till the Price is at the Buy Poi.
Despite the Economic turmoil, I see a Reversal kicking in, but what remains...
With Price at ....0857, I'm looking at two price Target to make my Positions, First the .820 and next the 590.
First the .820 is the highest Wick of the Demand Block, and could hold Fine Positions in this area. And Because it jumped about 2% in that area, Potentially investors could have seen this as "the move "to the moon", made Entries and later get cleared. So...
3 reasons you might wanna buy Shiba Inu
(1) Technically:
Obviously the Price is low, and had cleared all FOMO Liquidity, it's now back at Origin Demand Zone, creating new Liquidity like Consolidation to be cleared Lower, thus Tapping into the Origin Demand Block to then be Taken Higher.
(2) Fundamentally:
The price being down, big money investors sees this as...
