VARAUSD - BULLISH REVERSAL IN THE WORKS
Price action has already wicked off of this level multiple times and with price action now on it's 3rd visit to this region of the chart a reversal to the upside is the most probable outcome.
- Multiple large bullish order walls
- Price action is tapping a previous reversal level
- Price is within the golden pocket of a long squeeze channel
- Bullish squeeze currently visible on several time ranges Weekly, Daily, 6 and 4 hour.
- Expansion on the 6 hour seems to have already begun with a leading head fake.
- Multiple large bullish order walls
- Price action is tapping a previous reversal level
- Price is within the golden pocket of a long squeeze channel
- Bullish squeeze currently visible on several time ranges Weekly, Daily, 6 and 4 hour.
- Expansion on the 6 hour seems to have already begun with a leading head fake.
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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.