Sharp dip before massive Bulls?
* Monthly.
-Previous M1 Candles closed below 1.27731 Pivot high.
-Price broke 1.23106 Pivot Low but failed to retest.
*Weekly.
-Recently price formed lower high to 1.28222 directly below 1.27731 Monthly level (W1 Candles closed directly below it)
*Daily.
-Price approached and closed below 1.27731 Monthly level.
*4 Hour
-Bearish candles formed rejecting 1.27731 Monthly level.
IMO: Might be Bearish from 1.27731 to 1.23106 before Bulls take it away.
Swing trade short with potential 1:7 r:r
Just an opinion. Do your own analysis and let's share.
-Previous M1 Candles closed below 1.27731 Pivot high.
-Price broke 1.23106 Pivot Low but failed to retest.
*Weekly.
-Recently price formed lower high to 1.28222 directly below 1.27731 Monthly level (W1 Candles closed directly below it)
*Daily.
-Price approached and closed below 1.27731 Monthly level.
*4 Hour
-Bearish candles formed rejecting 1.27731 Monthly level.
IMO: Might be Bearish from 1.27731 to 1.23106 before Bulls take it away.
Swing trade short with potential 1:7 r:r
Just an opinion. Do your own analysis and let's share.
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.