Hello guys
Now the price at an important Fibonacci level and that means it can go either up or down especially there is no buying or selling saturation on RSI
and also with all of the Economic recession events, all countries trying to Pump money into the markets for recovery and we can not determine what will happen exactly in the market in my perspective the technical analysis is not enough
However, there is a clear cup & Handel < potential pattern > & with this Fibo level the price may go up
but I think we can always be at the safe zone by patience till the market decide whats direction will going with
With this mentality :
I think If the price breaks the 1.12862 level it will go up at least to 1.13760 level
and if the price just breaks < 1.10115 > it will go down to < 1.09345 >
Between the 1.11733 & 1.10244 levels, the price may move in a horizontal channel or retesting ....etc
and That's just my two cents guys... if there anything happened I will just update this analysis
have a profitable week
& share with me your thoughts let's learn from each other
Now the price at an important Fibonacci level and that means it can go either up or down especially there is no buying or selling saturation on RSI
and also with all of the Economic recession events, all countries trying to Pump money into the markets for recovery and we can not determine what will happen exactly in the market in my perspective the technical analysis is not enough
However, there is a clear cup & Handel < potential pattern > & with this Fibo level the price may go up
but I think we can always be at the safe zone by patience till the market decide whats direction will going with
With this mentality :
I think If the price breaks the 1.12862 level it will go up at least to 1.13760 level
and if the price just breaks < 1.10115 > it will go down to < 1.09345 >
Between the 1.11733 & 1.10244 levels, the price may move in a horizontal channel or retesting ....etc
and That's just my two cents guys... if there anything happened I will just update this analysis
have a profitable week
& share with me your thoughts let's learn from each other