**Monthly chart**
This pair bounced from the Jan 2015 high of imbalance area for the second time. However, the long term bias is still bullish on the monthly chart.
**Weekly Chart:**
The pair created a double top on the weekly chart after it bounced from Sept 2022 level. However, the long-term trend is still bullish. I am looking to short it if I find a good opportunity with low risk as the price is sensitive around the 98.5 area.
**Daily Chart**
I marked the manipulation candles on the daily chart. The price was sensitive around this area. Therefore, I will be looking to short this pair if it comes again to that level this next week.
**4H Chart**
Scenario 1: I am looking to buy around 96.3 and 96.6 levels as the long term directional bias is still Bullish
Scenario 2: I am looking to sell around 98.37 and 98.21 levels as short-term directional bias is Bearish.
This pair bounced from the Jan 2015 high of imbalance area for the second time. However, the long term bias is still bullish on the monthly chart.
**Weekly Chart:**
The pair created a double top on the weekly chart after it bounced from Sept 2022 level. However, the long-term trend is still bullish. I am looking to short it if I find a good opportunity with low risk as the price is sensitive around the 98.5 area.
**Daily Chart**
I marked the manipulation candles on the daily chart. The price was sensitive around this area. Therefore, I will be looking to short this pair if it comes again to that level this next week.
**4H Chart**
Scenario 1: I am looking to buy around 96.3 and 96.6 levels as the long term directional bias is still Bullish
Scenario 2: I am looking to sell around 98.37 and 98.21 levels as short-term directional bias is Bearish.
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Join our PropSignals Channels on Telegram
t.me/PropsignalAE
t.me/PropsignalAE
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.