we can see price moved 200 pips in 0ne day engulfing 6 days of price action with 2 candles. we can see price reacted to the weeknly zone 1.27254 and making a huge move to the upside. we can also see a rejection of a counter trendline in confluence with the price zone.
at this moment wee can see a dible top and the weekly zone 1.33212 and moving down with a lot of momentum to the weekly recistence. price right now is at a daily recistance at 1.30267, mt bias is that rpice can easily break this zone this week do to the massive move to the upside we can also see a minor sopourt and recistance zone on the daily level where we can expect some action =, maeybe a re-test of the zone and finding support.
at the 1h we can see a clear break of structure and recistance at the daily level 1.30267. with a bullish bias taking place this will be further confirm with price giving us a candle stick patter to the upside on the minor daily level 1.29176 in confluence with fib point 0.832 marked in grey.
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.