Price Altitude: Middle
Daily Trend: Down
4H Trend: Range
Analysis: Price came off an old daily supply (noted in the previous post) and has moved to continue its way lower. Supply side is in control at the moment.
Prediction: Continue its way lower due to re-alignment with the daily down trend.
Price Points of Interest:
4h Supply @ 111.219
4h Supply @ 110.870
4h Demand @ 109.648
4h Demand @ 108.822
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
Daily Trend: Down
4H Trend: Range
Analysis: Price came off an old daily supply (noted in the previous post) and has moved to continue its way lower. Supply side is in control at the moment.
Prediction: Continue its way lower due to re-alignment with the daily down trend.
Price Points of Interest:
4h Supply @ 111.219
4h Supply @ 110.870
4h Demand @ 109.648
4h Demand @ 108.822
This analysis is meant to be educational, inspirational and confirming of your own analysis. Trade carefully, trade wisely by managing your risk exposure. Fortune favours the bold.
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.
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.