Price Action and graphique analysis

٢١ يناير ٢٠٢١

We can see a long-term uptrend since December.
It will therefore be a slight correction (compression or bull-flag) before continuing to rise.

Key price:

0.97551 = RBR demand zone which will (potentially) be retested by the price before going to bull

0.97851 = support turned resistance (SBR) retested several times. So potentially a big bullish comes out.

0.99000 - 0.98800 = supply zone. The price could fall back in this zone, or move into a range before going bull.