Technical analysis of this week.
LEGEND
White line: short term H/L: liquidity that will eventually be grabbed.
purple line: long term: should not be breached, if so, analysis is wrong.
green line: equilibrium of the range// TP areas.
red rectangle: premium area: bounded by 61.8% and 71% of the range.
blue rectangle: discount area: bounded by 61.8% and 71% of the range.
lines with dollar signs above/ below: liquidity.
lines with cross signs above/ below: liquidity that is grabbed.
NOTE: I am not predicting the market: only if this scenario is being respected: and the market is giving me evidence thanks to the lower time frames, I will try to anticipate on this. This does not mean that trades will be risk free.
There is a great probability of still being wrong and the market doing it's own thing.
Analysis supported by lower time frames:
LEGEND
White line: short term H/L: liquidity that will eventually be grabbed.
purple line: long term: should not be breached, if so, analysis is wrong.
green line: equilibrium of the range// TP areas.
red rectangle: premium area: bounded by 61.8% and 71% of the range.
blue rectangle: discount area: bounded by 61.8% and 71% of the range.
lines with dollar signs above/ below: liquidity.
lines with cross signs above/ below: liquidity that is grabbed.
NOTE: I am not predicting the market: only if this scenario is being respected: and the market is giving me evidence thanks to the lower time frames, I will try to anticipate on this. This does not mean that trades will be risk free.
There is a great probability of still being wrong and the market doing it's own thing.
Analysis supported by lower time frames:
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.