Chart : 1Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is failing to break below 38800 , as we can see that is a strong demand area to push off on . Will wait for a break towards the upside . Will find entry on lower timeframe . We are forming a bullish chart pattern
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
Price is failing to break below 38800 , as we can see that is a strong demand area to push off on . Will wait for a break towards the upside . Will find entry on lower timeframe . We are forming a bullish chart pattern
Note
UNFORTUNETLY SET UP DID NOT PLAY OUT AS PLANNED , WE DID MANAGED TO CATCH SOME PIPS BEFORE THE DROP
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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.