


MaziForex
from the weekly tf ,we can clearly see that the recent bull run could be a possible pull back , which would mean that if the lower high , indicated by the blue line is respected then it would state that btc is in a downtrend.
#Divergence Spotted in the Monthly Time frame #A Sell Structure already formed in the Daily Time frame # If Previous Lower High is respected ,indicated by the red arrows the Bearish Trend Continues.
WITH PRICES OBEYING THE TREND LINE , IF THE LOWS ARE RESPECTED THE PRICE IS EXPECTED TO GO BULL
if the low marked by red arrow is respected price is expected to go bullish
WE COULD SEE AXS TANK DOWNWARDS , Once that High Is Respected.
WITH DIVERGENCE SEEN ON THE 1HR AND SELL STRUCTURE BEING FORMED ON 15 MIN TIME FRAME, IF THE HIGH IS SUSTAINED MARKED BY THE RED ARROW, PRICCE COULD BRUSH DOWN LOWER
THE MARKET HAS ALREADY FORMED A SELLING STRUCTURE WE CAN SEE PRICE FALL TO THE ZONE MARKED BLUE AND BLACK
areas marked by red arrow signifies the formation of a bearish structure as seen, if price respects those highs then its a down trend
EUR/USD IS PROJECTED TO GO LONG(FOR A SHORT WHILE) WITH AREAS INDICATED BY THE BLUE ARROW IN THE DAILY TIME FRAME , HOWEVER THE BLACK ARROWS SIGNIFIES THAT THE AREA IN WEEKLY TIME FRAME SHOWS THAT ITS ON A DOWNTREND ... MAIN TREND IS DOWNWARD TREND ON WEEKLY TF UPWARD TREND ON DAILY TF= RETRACEMENT ON WEEKLY TF GOODLUCK!
IF PRICE HOLDS UP WITHIN THE RANGE OF THOSE ZONES MARKED WITH ARROWS ,THEN FORMS A HIGHER LOW , WE CAN SEE A BULL RUN TO THE UP SIDE MARKED BY THE BLUE LINE.
IF THE PRICE DOESNT BREAK BELOW THE LOWEST POINT PRICE MARKED WITH THE FIRST ARROW, THEN PRICE SHOULD FORM A HIGHER LOW WHICH WOUD SIGNIFY A BREAK IN MARKET STRUCTURE ; GIVING WAY FOR A BULLISH RUN...
AFTER MAKING PREVIOUS HIGH MARKED WITH THE ARROW ABOVE A LOWER HIGH HAS FORMED MARKED BY THE SECOND ARROW THIS SIGNIFIES THE DOWNWARD TREND TO THE DEMAND ZONE MARKED WITH BLUE. THIS IS A SUPPOSEDLY A SHORT BEARISH MOVE. GOODLUCK ! DYOR!