Price Altitude: Middle
Daily Trend: Down
4H Trend: Up
Analysis: Daily demand is in control with a strong retrace up yielding a 4h uptrend. Note the move up is realigning with the higher timeframe downtrend.
Prediction: Continue its way north to realign with higher timeframe supply.
Price Points of Interest:
4h Supply inside daily @ 0.74193
4h Supply @ 0.73647
4h Demand @ 0.72768
4h Demand @ 0.72325
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Daily Trend: Down
4H Trend: Up
Analysis: Daily demand is in control with a strong retrace up yielding a 4h uptrend. Note the move up is realigning with the higher timeframe downtrend.
Prediction: Continue its way north to realign with higher timeframe supply.
Price Points of Interest:
4h Supply inside daily @ 0.74193
4h Supply @ 0.73647
4h Demand @ 0.72768
4h Demand @ 0.72325
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.