Same with EURUSD, AUDUSD, NZDUSD price turned from the daily sell zone on Oct. 4 the key is to know what the DXY and EURUSD is doing - they are the leaders
MONTHLY PERSPECTIVE -downtrend -price is near the all time low
30MIN ZONE TIME FRAME -two sell zones to short sell -likely to have a small rally due to positive divergence -selling pressure weakening
DAILY trend time frame -daily sell zone stops the short term rally -off to new lows
WEEKLY Perspective -price near the pandemic lows -downtrend -rsi below 40
1hr Zone time frame -price broken out from the range -1hr supply zone hit last week and that started the impulse move
DAILY TREND TIME FRAME -downtrend -rsi below 30 -demand zone around 0.60840
Monthly Perspective -strong downtrend -significant demand is way below -may reach again the pandemic lows
4HR TIME FRAME - Supply and Demand Analysis -positive divergence signals the rally -price broken two supply zones -short term rally ended on the daily/4hr supply zone
MONTHLY down since Jan 2021 price in monthly buy zone RSI below 40
MONTHLY down since Jan 2021 from the sell zone buy zone way below more room to fall RSI at 40
4hr downtrend price in HTF buy zone positive divergence likely to have a short term rally
• MONTHLY • • monthly sell zone • down since Jan 2021 • RSI below 60 • no clear buy zone from this TF
4HR downtrend price is in HTF demand zone but it will not go up right away see the RSI in 1hr or 4hr for bullish signs
• MONTHLY • sell zone was hit twice on Jan 2021 • it formed the M pattern with negative divergence • its been on a downtrend since then • price in demand zone again
1HR small sell zone above see if it wll break the zone or turn from it this timeframe is in downtrend
4HR price hit the 2017 high negative divergence wait for price to if it will continue the uptrend it will no go down right away