Primary Bullish Scenario (Red Arrow Path 1):
Price retraces slightly.
Finds support around the current zone or slightly lower (1.139–1.140).
Then resumes upward movement, targeting above 1.14566.
2. Alternative Bullish Scenario (Red Arrow Path 2):
Deeper retracement toward the yellow demand zone (~1.13700).
Strong bullish bounce expected from there.
Suggests liquidity grab before continuation.
Price retraces slightly.
Finds support around the current zone or slightly lower (1.139–1.140).
Then resumes upward movement, targeting above 1.14566.
2. Alternative Bullish Scenario (Red Arrow Path 2):
Deeper retracement toward the yellow demand zone (~1.13700).
Strong bullish bounce expected from there.
Suggests liquidity grab before continuation.
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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.
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.