:: SK System ::
- Price is at the WCL zone
- Price has completed its sequence from the bottom; which enables room for us to expect a correction (down).
- Principally the price must move up from the lowest price zone, but the price action hasn't been confirmed yet and for us to have a buy setup price must show us the bullish setup at/around 1.0770 (WCL Level)
:: Price Action ::
- The price has been falling since 1974 and the lowest price as of now is 0.0528 respecting the bearish trendline.
- Monthly - Price is continuously breaking the previous low. After 4.22% of dump last month, the current month's candle has retraced 2.46% of last month's price.
- Weekly - Broke previous low and have created a wick at the previous high. Price below baseline at TDI
- Daily - With a sharp move up, the price is consolidating at the top since 11-Jan-2024
:: Conclusion ::
- I will be seeking an opportunity to Sell till 1.0777
- A Solid Close below 1.0858 and retracement would be a BEAUTIFUL SELL
:: Caution ::
:-) We sleep with an expectation that we shall wake up tomorrow which has a high probability and so is the market. Use SL if the probability FAILS :-)
- Price is at the WCL zone
- Price has completed its sequence from the bottom; which enables room for us to expect a correction (down).
- Principally the price must move up from the lowest price zone, but the price action hasn't been confirmed yet and for us to have a buy setup price must show us the bullish setup at/around 1.0770 (WCL Level)
:: Price Action ::
- The price has been falling since 1974 and the lowest price as of now is 0.0528 respecting the bearish trendline.
- Monthly - Price is continuously breaking the previous low. After 4.22% of dump last month, the current month's candle has retraced 2.46% of last month's price.
- Weekly - Broke previous low and have created a wick at the previous high. Price below baseline at TDI
- Daily - With a sharp move up, the price is consolidating at the top since 11-Jan-2024
:: Conclusion ::
- I will be seeking an opportunity to Sell till 1.0777
- A Solid Close below 1.0858 and retracement would be a BEAUTIFUL SELL
:: Caution ::
:-) We sleep with an expectation that we shall wake up tomorrow which has a high probability and so is the market. Use SL if the probability FAILS :-)
Ordine annullato:
Price didn't closed below 1.0858 to seek a sell opportunity. Had No Trade