Hello Traders, This is a screenshot of my Analysis on this Pair. Price has been Bullish on our Monthly, weekly and daily Timeframe for a while now. However, Last week, we saw price break above the Last level of Supply and this now acts as a New Level of Demand.
I will be Monitoring Price Action on Lower Timeframes for Bullish Trade entries.
From our Fibonacci tool, the next extension is at 8$ so I expect a bullish run to the level in the coming Days if Price Stays above this new Demand Level.
I will be Monitoring Price Action on Lower Timeframes for Bullish Trade entries.
From our Fibonacci tool, the next extension is at 8$ so I expect a bullish run to the level in the coming Days if Price Stays above this new Demand Level.
