Price showed a strong bearish movement with the help of the strong NFP result for USD last Friday, and I expect the bearish movement to continue till the 1.0688.
Price closed as with a strong bearish presence on daily TF which confirms price intentions for me.
On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't seen a rejection yet, and I believe the demand zone would break and make a new low before Price pulls back.
I expect little pullbacks to occur but I would advise against buying at this point, and just look for selling opportunities towards 1.0688
RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Price closed as with a strong bearish presence on daily TF which confirms price intentions for me.
On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't seen a rejection yet, and I believe the demand zone would break and make a new low before Price pulls back.
I expect little pullbacks to occur but I would advise against buying at this point, and just look for selling opportunities towards 1.0688
RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Trade closed: target reached
Pips banked 🤑😍✔
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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.