On 17th June 2019, the price moved to 2nd Highest Highs... and then the market changed its direction with full speed upto psyclogical level @ 1.6000.
After such huge movements up and down, Now it may take some rest between 1.6260 - 1.6360 - 1.6400 areas.... During this rest of the market we have both bulls and bears fighting...
Bullish Scenario
Bearish Scenarios
After such huge movements up and down, Now it may take some rest between 1.6260 - 1.6360 - 1.6400 areas.... During this rest of the market we have both bulls and bears fighting...
Bullish Scenario
- Let the market move down till 1.6263 and upon candlestick confirmation, we will go Bullish on H4 Time frame.
- If the market didn't give us confirmation and get retracement from 1.6263 area then we have to wait for the price to come, retrace and give us candlestick-confirmation @1.6093 for another Bullish opportunity.
Bearish Scenarios
- Let the market break and retrace 1.6300 - 1.6260 area. Then wait for the market to retouch the current Market price @1.6360 or 1.6392.
- Even if the price stays above 1.6392 then we have to wait for the price to come @ 1.6392 again and upon candlestick pattern on H4 time frame we will look for bearish opportunity.
Order cancelled:
Bias changed to totally Bullish
