Weekly chart: the weekly chart has hit a good resistance level and a supply zone. though it still a bullish market but i believe it reached a good time to breath before continuing its move. Daily chart: daily chart shows a double top reching back to march 2020. after 2 weeks of strong bullish move the market is ready to breath.. my first safe target would be...
although the market shows exhaustion on a strong support zone weekly and monthly. but a small daily candlestick on friday could initiate a final battle towards 0.67607 to retest it before it decides the move. my analysis takes me to a short small session before any long position after analyzing the lower timeframes ( 4h-1H) that showed a good defense over the...
weekly char : is showing huge decelration on a good resistance zone.. 2 weeks of rejection with a tweezers top. daily chart: i can see a good head and shoulder forming that rejected 0.96629 almost 3 times with a rather strong support zone. but the resistance is there showing a reversal at least towards the first target 0.94354 which coincides with the...