monthly Bias has been confirmed as a sell ,weekly bias still on a buy bias but with daily still at sell bias ,we could have price rally to the upside as noted and see it drop as stated out.
Though the Monthly Bias is onna sell trend but lately the bull has had the last months closing bullish, if this continues as seen on the weekly buy bias we could see price break above the redline zone,for now riding the counter trend from the weekly tf, with Liquidity taken from the Daily Tf and entry is from the 4HOUR tf.
Clearly seen is the entry from 1hr using the Daily TIMEFRAME ,if all key levels hold well ,we can see price rally to that point
if the previous BOS on 4hr timeframe holds while the daily and weekly timeframe maintain their BOS as well, we can see price rally to the point Highlighted as it the next swing for weekly liquidity.
from the weekly TF has broken down to the sell side ,with Daily taking out the liquidity of initial seller,entry on H4 ..we could see the down pour
a long trade on matic to that zone ,if all candles plays out as seen.
IF THE BLUE REGION HOLDS ,We can see ZEN have a good long trend
what do you think ,for a long term, the Monthly Candle has shown a popular pattern, what is your take on this..?
if that candle low is respected,I expect to see a push to the upside
SO far the momentum has been bullish ,we could see price rally higher if the Low Is Respected.
With a progressive downtrend of price , we could see price fall more to the Blue Zone, as its unable to break the swing to the top
we could see a run up to the green line and price could drop