Price did finish the initial selloff into the start of the HTF 3-touch structure with a 1-2-3 move and started to aggressively reverse. We saw price turning bullish again and is now trading through an AoI and starting to form a consolidation. Price left a small Liq.P, which could act as a base, and if we see price stalling in this area and forming some kind of bull flag, that would be deliberate PA for a continuation to the upside, with the previous high as initial target.
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The pairs I publish here are usually discussed in detail in my Weekly Forex Forecast (WFF) and are now showing further developments worth mentioning.
Remember, technical analysis is subjective; develop your own approach. I use this format primarily to hold myself accountable and to share my personal market views.
⚠ Ensure you have your own risk management in place and always stick to your trading plan.
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*** **** *****
The pairs I publish here are usually discussed in detail in my Weekly Forex Forecast (WFF) and are now showing further developments worth mentioning.
Remember, technical analysis is subjective; develop your own approach. I use this format primarily to hold myself accountable and to share my personal market views.
⚠ Ensure you have your own risk management in place and always stick to your trading plan.
*** **** *****
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.