Hi Team
This is a short and sweet technical chart analysis.
We are in a short consolidation phase (likely due to low market volume) at the end of an ABC correction for this pair, sitting just below regional pyschological resistance.
I expect a drop at least to the 1H ascending correction support, if not further.
This is a straightforward trade - clear invalidation level marked, and high probability TP.
The markets are moving with low volume at the moment, so I will only be posting ideas with merit. Likely will see more from me tomorrow.
Like what I do? Please like, comment and subscribe!
Good luck, Trade safe
DrBear
This is a short and sweet technical chart analysis.
We are in a short consolidation phase (likely due to low market volume) at the end of an ABC correction for this pair, sitting just below regional pyschological resistance.
I expect a drop at least to the 1H ascending correction support, if not further.
This is a straightforward trade - clear invalidation level marked, and high probability TP.
The markets are moving with low volume at the moment, so I will only be posting ideas with merit. Likely will see more from me tomorrow.
Like what I do? Please like, comment and subscribe!
Good luck, Trade safe
DrBear
Dagangan aktif
Dagangan aktif
TP1 hit! SLBE. Wait for TP2.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.