Tendency , the price inside two turning level at 0.013 & 0.015 .
TURNING LEVEL (1) : the price of this level at 0.015 , so if the price breaking this level reach a resistance level (1) .
TURNING LEVEL (2) : the price of this level at 0.013 , so if the price breaking this level reach a support level (1) .
RESISTANCE LEVEL (1) : this level around 0.017 , for reach this resistance level the price need breaking a turning level (1) .
RESISTANCE LEVEL (2) : around 0.020, for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : this level around 0.009, for reach this support level the price need breaking a turning level (2) .
SUPPORT LEVEL (2) : support level at 0.005 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : currently price 0.1353 , have two scenario , first corrective 0.15, before dropping to touch a 0.13 , then 0.009, second corrective 0.013 to reach a 0.015 , then breaking this level reach a resistance level (1).
TARGET LEVEL :
RESISTANCE LEVEL : 0.017 , 0.020 ,
SUPPORT LEVEL : 0.009 , 0.005 .
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Nota
beware , breaking each turning level determine a direction
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as long as the price trading below turning level it will be attempt to reach a support level (1)
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the price still continues dropping to reach a 0.010
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reached first target +400pip . know if the price trade below support level (1) , it indicates dropping to reach 0.007 , then breaking this level reach a support level (2) , may be before to see this movement the price trying to retest turning level before dropping
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the price it will be attempt to reach a turning level before dropping
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price inside sensitive area .
Tendency , until the price trading below turning level fall the direction to reach of a support level (1) .
* if the price breaking turning level , indicates active the upward trading .
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