Currently price is at 0% with repeated rejections at 0.87
If we have a break out that will give us a rally to 130%
at 0.882 if this happens using the illustration we can see
that that would put us between 0% and 130% within a wick
this bullish movement would not be completed until we see a confirmation of price above 130%
We are taking the bearish bias here so we are looking for price to descend from 0% to 50% using the rejections at 0% as an area to accumulate sell side positions and holding until we reach 100% 100 pips lower than where we currently have price.
If we have a break out that will give us a rally to 130%
at 0.882 if this happens using the illustration we can see
that that would put us between 0% and 130% within a wick
this bullish movement would not be completed until we see a confirmation of price above 130%
We are taking the bearish bias here so we are looking for price to descend from 0% to 50% using the rejections at 0% as an area to accumulate sell side positions and holding until we reach 100% 100 pips lower than where we currently have price.
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.