We have now entered a Weekly SUPPL/SELL zone and approaching the 1.40 level which is a previous strong weekly & monthly support level so will so we will expect some resistance here.
I am now activily looking for SELL signals using my custom indicator on timeframes 4hr to daily the first easy target for this setup if iit occurs is the 1.37 area which is the previous HIGh in the current leg up and a further drop down towards 1.35 could be on the cards as that is a nice Weekly DEMAND/BUY level.
Let's see how we go please booast and comment :)
I am now activily looking for SELL signals using my custom indicator on timeframes 4hr to daily the first easy target for this setup if iit occurs is the 1.37 area which is the previous HIGh in the current leg up and a further drop down towards 1.35 could be on the cards as that is a nice Weekly DEMAND/BUY level.
Let's see how we go please booast and comment :)
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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.