Overall Range Meanwhile Daily Bullish
Monthly: Overall Ranging , Most recent two candles show that buyers are in control
Weekly: Overall Bearish, Price is Currently Retracing and may find resistance at current level.
Daily SETUP: Overall Bullish, Price has broken resistance, creating a CHOCH Confluence #1, Found Support @ 38.2% (FIBONACCI) Confluence #2 , Price forms a Bullish Engulfing Pattern Confluence #3
** Price Must continue to Test Trend Line on Daily** Marked
Entry will be on H1: Price must Break LH (1) and Test New Found Support(2) ended with a Bullish Engulfing Candlestick Pattern (3)
Daily Targets Based off where price currently is (Disclaimer: These are TARGETS not Take Profits) **You take profits alone the way.**
A. 0.69384
B. 0.71175
Weekly: Overall Bearish, Price is Currently Retracing and may find resistance at current level.
Daily SETUP: Overall Bullish, Price has broken resistance, creating a CHOCH Confluence #1, Found Support @ 38.2% (FIBONACCI) Confluence #2 , Price forms a Bullish Engulfing Pattern Confluence #3
** Price Must continue to Test Trend Line on Daily** Marked
Entry will be on H1: Price must Break LH (1) and Test New Found Support(2) ended with a Bullish Engulfing Candlestick Pattern (3)
Daily Targets Based off where price currently is (Disclaimer: These are TARGETS not Take Profits) **You take profits alone the way.**
A. 0.69384
B. 0.71175
Comentário:
PRICE Does not seem to be Testing the Trendline on Daily Chart, Very Choppy. Lower timeframes may signify Seller being in control.