Weekly;
Daily;
4 hour;
- Price closed above a major support region (1.9100) and retested it last week
- Price is therefore showing bullish momentum to the next region of 1.9290
Daily;
- Price closed above 1.9100 which is major liquidity region
- The next major liquidity region is 1.9290
- Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290
4 hour;
- Price formed a three pin pattern on the 1.9100 region as well as a double bottom
- The closest target is the -27.00 of the fib which is 1.9209
- My best entry would be if price closes above 1.9175 and retests the region
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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.