We are looking for a swing trade so I will utilize the weekly and 4 hour timeframes to make my decisions. On the weekly timeframe we look for three things in particular which are our key levels, patterns and candlestick analysis. On the 4 hour timeframe we focus on using most of our technicals which is including fibonacci, support and resistance , supply and demand zones, market structure, candlestick analysis etc. On crypto we are looking at the Daily and 1 Hour timeframes to take trades when they are ready.
On this pair we are looking to continue the trade from last week. We still have a lot of room to move up into the 1.38100 level. Once price gets to that area we will consider reversals.
The next area to look for entries would be the 1.36200 area. That would be a retest of previous support and high point.
On this pair we are looking to continue the trade from last week. We still have a lot of room to move up into the 1.38100 level. Once price gets to that area we will consider reversals.
The next area to look for entries would be the 1.36200 area. That would be a retest of previous support and high point.