SasanSeifi 💁‍♂Will We See a Break Above $1.32❓

Hi there!
Taking a look at the 4-hour timeframe, the overall trend has been oscillating within the price range of $1 to $1.30. The price has recently bounced off the $1.20 demand zone and is currently trading in a range of around $1.28.
In the short term, there is a possibility of a HIGH above the previous high of $1.30 and growth to the liquidity zone target of $1.38/$1.50. I expect the price to see growth after ranging or making a minor correction if confirmed. The key support zone is $1.20.

Conversely, if the price breaks below the LOW and settles below $1.20, further correction is likely.

Remember, this isn't financial advice! Always do your research before making any trades.

Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌

SasanSeifi

Follow Your Own Trading Plan!

😍 Join our free Telegram Channel for more analysis

💰Telegram: t.me/Forex_Crypto_Signal_Free_VIP🙌
🌎Website (Persian): FiboTech.Trade

Also on:

Related publications

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.