On the Daily, we see price has tested the Supply Zone a few times. To end last week, we see another rejection off the 0.97867 area.
The 4H looks to have formed a HL, as price has pulled back to the 38.2 PRZ (confirmation #1). We see a Morning Star pattern (confirmation #2) as well off of the 38.2. As of right now I would like to see another BULLISH signal, and perhaps closure above the 0.97196 zone before dropping down a time frame to look for LONG opportunities
Target: 0.97867 (LONG Position) ; 0.96045 (SHORT Position)
In order to consider SHORTs, I would like to see a clean break and re-test of that 38.2 PRZ with strong BEARISH confirmations.
The 4H looks to have formed a HL, as price has pulled back to the 38.2 PRZ (confirmation #1). We see a Morning Star pattern (confirmation #2) as well off of the 38.2. As of right now I would like to see another BULLISH signal, and perhaps closure above the 0.97196 zone before dropping down a time frame to look for LONG opportunities
Target: 0.97867 (LONG Position) ; 0.96045 (SHORT Position)
In order to consider SHORTs, I would like to see a clean break and re-test of that 38.2 PRZ with strong BEARISH confirmations.
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.