I will write a full analysis tomorrow.
Note
Update on the analysis. That purple box was a potential initiation to grab long orders. If price closes below $32,250 then that will be the confirmation that we should be headed down to attack the SL's of the people who went long.
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Each week, I send an email breakdown of the best forex setups, watch zones, and market trends so you can trade with confidence.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
Your next setup is waiting—Subscribe for access to my weekly outlooks.
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.