The major liquidity zone has been targeted, and the demand zone has been reached in the higher time frame. I think it's not quite ready for a major bearish shift. Expect it to hit the supply zone around 1.102-1.107. Prepare for solid sell setups afterward.
If things don't go as planned and the demand zone is breached, watch out for a fake move in the bullish direction. This could open up chances for short-term buying opportunities on shorter time frames
There's a static and a trendline liquidity zone below the minor supply area, pulling the price toward them
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.