PRICE EXPECTED TO TEST PREVIOUS RESISTANCE LEVEL AS SUPPORT BEFORE BULLISH MOMENTUM PUSHED PRICE HIGHER AND REACHERS TARGET LEVEL.
CONFIRMED TARGET WILL SIGNAL THAT OVERALL TREND CHANGING AS PRICE POSSIBLY RETRACES DAILY BEARISH WAVE
CONFIRMED TARGET WILL SIGNAL THAT OVERALL TREND CHANGING AS PRICE POSSIBLY RETRACES DAILY BEARISH WAVE
Comment:
DISCLAIMER - THIS IS JUST AN IDEA OF THE OUTCOME ON THIS PAIR, THERE IS NO GUARANTEE THAT THE IDEA WILL PLAY OUT AS EXPECTED. PLEASE DON'T EXECUTE ANY TRADES BASED OF THIS IDEA - DO YOUR OWN ANALYSIS
Comment:
- FAILURE OF RESISTANCE HOLDING AS SUPPORT HOLDING WILL CONFIRM CONTINUATION OF BEARISH TREND AND WILL RENDER A BULLISH COUNTER TREND VOID