same like yesterday, price try to break the upper trendline and retrace back to the consolidation area, and today price have found it support in consolidation area and have possibility to continue its upward movement
Price is having a downtrend structure and shifting into possible accumulation, so we are looking for countertrend trade
Price is breakout of a range, and we expect price continue higher
Price is currently downtrend and have possibility to make a larger retracement (daily retracement) to the upside, followed by falling wedge pattern that form in H4. so, we expect a countertrend trade for today
Price is in consolidation to make a new higher high, we expect price is to consolidate before it breakout to the upside
Price is once again shift structure to the downside, price is currently at retracement for possible continuation to the downside to test the daily support
Price is in breakout of a range, and continue to the upside, so price have possibility to continue to head higher after retest the current support
Price is in ranging and have potentially to move to the upside for retracement, and continuation to the downside to 1910 and below
As we can see price is break out structure which cause shift in character and possible to retest the support area to make continuation to the upside
Price is in the middl3 of the box, so it's quite hard to predict where the price is heading, but we can conclude price is in downtrend, and uptrend retracememt in longer term So, we expect price to test the support once again
As we can see in H1 structure price is in a range, until we see a falsebreak in resistance, we can see price have possibility to break out and go to higher resistance level till 158.00
Price is having shift in character, and probably wants to change to sideways (distribution Phase)
Continuation to the downside possibly another 40-50 pips
we can see price is in consolidative pattern, change from downtrend to another possibly accumulation order
Wait for price action in 4h chart shift from bearish to bullish market