first of all take a look at the major trends of this pair which shows that we're having a uptrend channel there
it should have a up trend to 1.3626 but it found a big resistance at 1.34 which mentioned with Blue square.
I got into the H4 time frame to find the time modeling so here you can find the H4 analysis :
if its modeling the up trend before, we should have a up moves to 1.3537 , but the power of buyers are so low, so we should wait until the TIME OF BUY finish, it would be finished at the blue vertical square,
if our scenario is to set a buy stop , it should approve above the mentioned horizontal line (1.3250)
if it happens, we have a target of 1.3537 in the time between blue square.
it should have a up trend to 1.3626 but it found a big resistance at 1.34 which mentioned with Blue square.
I got into the H4 time frame to find the time modeling so here you can find the H4 analysis :
if its modeling the up trend before, we should have a up moves to 1.3537 , but the power of buyers are so low, so we should wait until the TIME OF BUY finish, it would be finished at the blue vertical square,
if our scenario is to set a buy stop , it should approve above the mentioned horizontal line (1.3250)
if it happens, we have a target of 1.3537 in the time between blue square.
Comment:
Trigger hasn't activated yet. the time of "Buyers" are finishing, be ready for a short position if we see any down moves and the trigger of Short position active.
Order cancelled:
the time of Buyers : Done !!
A sharp decrease will be seen in this pair .
A sharp decrease will be seen in this pair .