Trend Analysis: - Market Dropped (-8.37%) since last update on 5 Mar 24, sitting @(-4.34%)=100.875)
Structure: - market smashed through all Highs, Lows, and targets, Expected target was achieved 7 mar 2024 market continued to decline since, smashing through the Long-term target 8 mar 2024a double bottom has now formed @ current price of 100.875. Expect buys due to structure, market being @ a lower point, double bottom,
Support & Resistance Levels: Updated 3/11/24 Previous Low = 105.668, 95.977 Previous High = 107.5816, 114.134, 115.1695, 122.149
Risk Management: - (+ volatility) @ 1H TP @114.1339 expect to push through would only push aout 0.7% -0.8% more to achieve expected 1.38% push left to target, shorted out due to 1H over bull signal @ +2.5% = target area @ 108.0109
Scenario Analysis: Updated 3/11/24 - Market pullback (-0.4%), continues decline to 1HR low @ 99.116 - Mart continues 0.7% - 0.8% to target area may see high resistance with inclined momentum thereafter until target achieved
Objective & Targets: -Follow the incline up to (+70%) - (+80%) to the target arear @ 108.011, Drop market by 1.1% after = 106.8117
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