OVERALL LONG BUT I BELIEVE THE HIGH IMPACT NEWS RELEASES ON THURSDAY 3RD AUGUST WILL GIVE A SPIKE TO THE LOW BEFORE A HUGE RALLY.
MY REASONS FOR BELIEVING THIS ID DUE TO DAILY STRUCTURE BEING BULLISH AS WE MAKE HIGHER HIGHS AND HIGHER LOWS. WE ARE ALSO ON A HTF 0.51% TRENDLINE AND CURRENTLY AT A BIG ORDERBLOCK.
THIS RALLY IS LIKELY TO HEAD LONG FOR 4-6 WEEKS TO THE 1.8910 AREA WHICH IS A WEEKLY RESISTANCE ZONE
MY REASONS FOR BELIEVING THIS ID DUE TO DAILY STRUCTURE BEING BULLISH AS WE MAKE HIGHER HIGHS AND HIGHER LOWS. WE ARE ALSO ON A HTF 0.51% TRENDLINE AND CURRENTLY AT A BIG ORDERBLOCK.
THIS RALLY IS LIKELY TO HEAD LONG FOR 4-6 WEEKS TO THE 1.8910 AREA WHICH IS A WEEKLY RESISTANCE ZONE