Given the Bearish OF on the higher time frames, Fractal CHoCH in the daily time frame, as well as the formation of a bearish movement on the 15-minute time frame, I predict the price to decline to the level of 1.02921.
supports: 1.02800, 1.02313
resistances: 1.04793, 0.05200
supports: 1.02800, 1.02313
resistances: 1.04793, 0.05200
Trade active
Given the CH, we can enter a buy trade in the OB of 1.02499 to 1.02364 and hold the trade until 1.03226 for a pullback.Trade closed: target reached
And the price hit the target beautifully. Good luck Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.