Hi everyone,
as we yesterday predicted here (
)
we came down and hit one of our targets , you can see it labeled on chart.
As right now, there is some potentional for upwards pressure on lower timeframes BUT there is no sign that it will be SIGNIFICANT one, we could come up to 55.5k and then it can change quickly, for that reason I would be carefull with opening LONG positions , until we get further clarification about whats price action gonna do.
I still can see more downwards pressure on highier TF but for now, its not that clear that we have to fall to lower targets, but its still HIGHIER probability then possible LONG targets.
Once I will be sure, I will provide another update.
Those who like or agree with my analyse PLEASE click that like & follow button and dont be shy to leave comment with your opinion. Your positive feedback motivates me to providing more of my views. Wish everyone good luck in trading.
Best regards,
Joe.
DISCLAIMER: This is not financial advice. One should always do his own research before taking decision enter markets.
as we yesterday predicted here (
we came down and hit one of our targets , you can see it labeled on chart.
As right now, there is some potentional for upwards pressure on lower timeframes BUT there is no sign that it will be SIGNIFICANT one, we could come up to 55.5k and then it can change quickly, for that reason I would be carefull with opening LONG positions , until we get further clarification about whats price action gonna do.
I still can see more downwards pressure on highier TF but for now, its not that clear that we have to fall to lower targets, but its still HIGHIER probability then possible LONG targets.
Once I will be sure, I will provide another update.
Those who like or agree with my analyse PLEASE click that like & follow button and dont be shy to leave comment with your opinion. Your positive feedback motivates me to providing more of my views. Wish everyone good luck in trading.
Best regards,
Joe.
DISCLAIMER: This is not financial advice. One should always do his own research before taking decision enter markets.
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