Prices still didn't provide any visible reaction to DMR from 1.1450 to 1.1650. This means that current downshifting is represented by subwaves of lower levels. Thus, price might turn upward at any time for the purpose of consolidation below 1.1650.
Subwaves at daily chart require consolidation above DMR at 1.1200-1.1300 to determine buy stop setup with close TP-1 at 1.1550.
As for H4 subwaves we need catch more suficient price reaction to DMR 1.1200-1.1150 as support prior any buys. Keep an eye.
Subwaves at daily chart require consolidation above DMR at 1.1200-1.1300 to determine buy stop setup with close TP-1 at 1.1550.
As for H4 subwaves we need catch more suficient price reaction to DMR 1.1200-1.1150 as support prior any buys. Keep an eye.
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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.