Hello there,
The CELOUSD has a lower high that broke the daily low. Now the price is moving up, aiming towards this area of 2.93796556.. ok, what to call that, 2.93797?
Since the candle structure is not so clear, the alert for bearish momentum is at 2.89761978.
There is no bullish evidence until there is a higher low above the D-Low.
2.72654638 is the target, and the desired directional bias is 2.53758969 .
Wishing you a great week, Happy trading
.
Khiwe
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.
The CELOUSD has a lower high that broke the daily low. Now the price is moving up, aiming towards this area of 2.93796556.. ok, what to call that, 2.93797?
Since the candle structure is not so clear, the alert for bearish momentum is at 2.89761978.
There is no bullish evidence until there is a higher low above the D-Low.
2.72654638 is the target, and the desired directional bias is 2.53758969 .
Wishing you a great week, Happy trading
.
Khiwe
On this profile page, the shared analysis, ideas, and strategy of a chart belong to Khiwe, with some being influenced. The technical setups are speculative; they are not guaranteed for accuracy or completeness in the form of any content, and they are not intended to provide financial market advice. Please apply your own analysis and confirm it with price action.
Trade closed: target reached