Key Observations:
Break of Structure (BoS): Multiple bullish BoS on H4 and H1 suggest a potential bullish reversal in the coming week.
Demand Zone (DZ): The H1 demand zone is still holding, indicating a possible liquidity sweep before resuming bullish momentum.
Supply Zone (SZ): Two H1 supply zones above current price act as resistance levels.
Critical Level at 103.84: If price breaks below 103.84, a bearish reversal may align with the higher time frame (HTF) bearish outlook.
Support & Resistance: Several significant support and resistance levels are marked.
RSI Indicator: The RSI is around 31.24, indicating the market is approaching oversold conditions.
Outlook:
Bullish Scenario: If the demand zone holds, the price could reverse upwards, targeting the supply zones.
Bearish Scenario: A break below 103.84 may trigger a deeper drop, aligning with the broader bearish trend.
Break of Structure (BoS): Multiple bullish BoS on H4 and H1 suggest a potential bullish reversal in the coming week.
Demand Zone (DZ): The H1 demand zone is still holding, indicating a possible liquidity sweep before resuming bullish momentum.
Supply Zone (SZ): Two H1 supply zones above current price act as resistance levels.
Critical Level at 103.84: If price breaks below 103.84, a bearish reversal may align with the higher time frame (HTF) bearish outlook.
Support & Resistance: Several significant support and resistance levels are marked.
RSI Indicator: The RSI is around 31.24, indicating the market is approaching oversold conditions.
Outlook:
Bullish Scenario: If the demand zone holds, the price could reverse upwards, targeting the supply zones.
Bearish Scenario: A break below 103.84 may trigger a deeper drop, aligning with the broader bearish trend.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.