Expecting a rejection of the daily FVG at the 0.786 Fibonacci level next week.
Higher timeframe looks bullish. proceed with caution.
Expecting the fvg to get filled and for price to break lower. TP1 will be at last weeks lows
OPTION 1: - Price rejects the resistance zone around the 1.08000 - Stop loss above the 0.7 fib level OPTION 2 - Order block around 1.08800 level
Outlook 1: Expecting price falls to the 0.6 fib level around the psychological level of 1.36000. We can also see that that this area has been heavily tested this year. That being said, Lower timeframe confirmation will be necessary as price could easily continue bearishly. Outlook 2: For price to challenge the 0.7 fib level around the psychological level of...
Short term: Bearish long Term: Bullish Expecting price to reject the 4hr FVG around 1.35200. We can see that price has bounced off this area on multiple occasions over the past month and it also satisfies for the 0.6 fib level. That being said, confirmation on a LTF would be necessary as price could easily fall to the daily low around 1.34600 and/or reject the...
Short Term: Bullish I will be placing a buy position at the 1 hour FVG area where the 1hr previous lows have been rejecting, with my SL below 1.08015. This area also satisfies the 0.70 fib level and the 4HR order block from the previous 4hr bearish candle. Long Term: Bearish I will be placing a sell position at the 4hr FVG (also correlating to 0.5 and 0.6 fib...
Expecting price to continue bearish once the 4 hour fvg has been met
Support level at 0.6027 needs to get tested before price moves bullishly
final bullish push before continuing to the downside
Expecting price to pull back to monthly fig level before moving bearishly
Expecting price to pull back to around 1.27100 before continuing bearishly and testing 1.25000 psychological level.
Could see some bearish pressure coming into next week but overall I'll be looking for buying opportunities.
Looking for buying opportunities coming into next week.
I will be expecting a bearish correction before breaking higher and challenging the previous high at 1.27467.
Expecting price to reach 1.09600 before breaking lower
Expecting price to pull back to 1.23000 level before testing weekly fib levels at around 1.6500
I'm predicting a bullish run to $2000, however if price fails to break psychological $1980 or $1990 we should see level $1930 being retested.