Trend Broken: The long-term downtrend has finally been broken, signaling a potential shift in market structure.
Liquidity Taken: Recent price action swept the lows, grabbing liquidity before bouncing back.
MACD Turning Up: Momentum is starting to build on the upside, indicating possible bullish continuation.
📍 Plan: Watching for follow-through towards the key supply zone around 0.69.
💡 Educational Note: For a more precise entry, switch to a lower timeframe (4H or 2H) and look for the most recent CHoCH (Change of Character) and BoS (Break of Structure) to align with your trade setup.
Note: This is not financial advice – just sharing my personal market outlook. Always do your own research before taking any trades.
Liquidity Taken: Recent price action swept the lows, grabbing liquidity before bouncing back.
MACD Turning Up: Momentum is starting to build on the upside, indicating possible bullish continuation.
📍 Plan: Watching for follow-through towards the key supply zone around 0.69.
💡 Educational Note: For a more precise entry, switch to a lower timeframe (4H or 2H) and look for the most recent CHoCH (Change of Character) and BoS (Break of Structure) to align with your trade setup.
Note: This is not financial advice – just sharing my personal market outlook. Always do your own research before taking any trades.
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.