The mean trend is down. The resistance above is removed by movements through 13330 (above).
Indicators for the medium time frame indicate consolidation.
The little trend is sideways / up. A trade below 13189 will change the downward trend. This will shift the momentum down. Short-term indicators point sideways with a slight upward trend.
-MACD: Bullish demeanor that comes closer. -EMA: confluent with small and medium trend
OUTLOOK Expected start of the BEARISH cycle. Cycle end time: Minimum: now +8 hours (TP1) Maximum: now +22 hours (TP3) Cycle time: 8-10 hours Cycle goals: 12900, 12628 SL 13484 Disclaimer: No financial advice, only for educational purposes! Every like and follow is welcome. Check my profile here for used indicators for free! #OANDA #FOREX 1 hour timeframe $ DE30EUR
The mean trend is down. The resistance above is removed by movements through 13330 (above).
Indicators for the medium time frame indicate consolidation.
The little trend is sideways / up. A trade below 13189 will change the downward trend. This will shift the momentum down. Short-term indicators point sideways with a slight upward trend.
-MACD: Bullish demeanor that comes closer. -EMA: confluent with small and medium trend
OUTLOOK Expected start of the BEARISH cycle. Cycle end time: Minimum: now +8 hours (TP1) Maximum: now +22 hours (TP3) Cycle time: 8-10 hours Cycle goals: 12900, 12628 SL 13484 Disclaimer: No financial advice, only for educational purposes! Every like and follow is welcome. Check my profile here for used indicators for free!
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