In the daily timeframe, it is evident that after a 7-wave corrective downtrend, dydx is ready for the next swing up, supported by the identified levels in the image. The price has the potential to grow towards the targets of 4.27 and 6.52 in this path.
Hidden Bullish Divergence (Buy) Symbol= #GBPUSD Price= 1.23973 TimeFrame= H4
n the one-hour timeframe, price movements have been limited between the three main support levels of the "Shaff" fork. The range of 26,580 to 26,280 is considered a key support level, and breaking it would cause a deeper decline. However, as long as this level holds, one can expect price fluctuations to continue up to the resistance range of 28,550 to 28,770 units.
In the one-hour timeframe, price movements have been limited between the three main support levels of the "Shaff" fork. The range of 26,580 to 26,280 is considered a key support level, and breaking it would cause a deeper decline. However, as long as this level holds, one can expect price fluctuations to continue up to the resistance range of 28,550 to 28,770 units.