Price moved up as we speculated but unfortunately it didn't trigger our orders at around 147.986 before rising. Currently, it still shows a potential of rising to 151.067. Let's look for a retracement so that we can join the move REMINDER 1. We shouldn't panic if we miss a good opportunity, there will always be more in the future. 2. Let's stay disciplined and...
TECHNICAL SUMMARY 1W- since January 2025 price has been rising, this is after it finally broke the 1.04601 level that was held since October 2024 ( so we can simply identify the current move as a retracement of a general downtrend). 4H- price reached the 4H order block( green rectangle) and created a RSI divergence after a long upward push. If the price breaks...
TECHNICAL SUMMARY 1D- We observed a CHoCH after price surpassed 148.683 price level. Currently the pair is in a retracement to the upside before it can continue falling possibly to 144.569 price level 4H- 15MIN: Price is uptrending. As the market opens, I am looking for the price to fall to 147.986 before continuing to rise and break the 149.158 price...
Technical summary 1D- price is in a corrective upward move in reference to the overall downtrend. Momentum has started decreasing indicating we a near a potential are where price can start falling once again....BUT it can easily go to 1.30414 before beginning the descent. 4H- RSI divergence is evident indicating a change of trend is likely to occur, I don't...