Given the CH in the 4-hour timeframe, we can see a correction in the upper timeframe to continue the flow of bearish orders and a temporary upward move in the lower timeframe.
Given the flow of bearish orders in the daily timeframe, we cannot see a significant growth and in fact this upward move in the lower timeframe is a corrective wave in the flow of bearish orders in the upper timeframe.
So this week we can see a rise to the range of 0.04528 to 0.04770.
So I repeat, do not forget that this upward move is temporary because there is still a downward flow of orders in the daily timeframe.
Given the flow of bearish orders in the daily timeframe, we cannot see a significant growth and in fact this upward move in the lower timeframe is a corrective wave in the flow of bearish orders in the upper timeframe.
So this week we can see a rise to the range of 0.04528 to 0.04770.
So I repeat, do not forget that this upward move is temporary because there is still a downward flow of orders in the daily timeframe.
Trade closed: target reached
Price successfully reached target.Be profitable
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.