It's been awhile!
Bias:
Long-term - Bullish
Short-term - Bearish
Last week price broke through an important area ($1.2750 - $1.2813) that had started back on June 10, 2020. I'm anticipating bears to enter the market due to this along with last week's Daily candle closed as a 'Shooting Star" and other factors as well.
Be sure to check the divergence from the Monthly (we're in a new month) then scale down to the Weekly to spot the barriers that can pose a potential threat to Price Action. There's significant movement on the H4 that I'll be paying close attention to going into this new trading week.
I plan on executing once I see what I'm waiting on to form. I'll readjust in the event it doesn't play out according to my analyze. Happy Trading!
Bias:
Long-term - Bullish
Short-term - Bearish
Last week price broke through an important area ($1.2750 - $1.2813) that had started back on June 10, 2020. I'm anticipating bears to enter the market due to this along with last week's Daily candle closed as a 'Shooting Star" and other factors as well.
Be sure to check the divergence from the Monthly (we're in a new month) then scale down to the Weekly to spot the barriers that can pose a potential threat to Price Action. There's significant movement on the H4 that I'll be paying close attention to going into this new trading week.
I plan on executing once I see what I'm waiting on to form. I'll readjust in the event it doesn't play out according to my analyze. Happy Trading!
Not
*Analysis
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.