Monthly -Price move from Supply to Demand zone, bias is bearish
Weekly -Previous weekly candle was engulf, indicate price may bounce higher -But overall trend still bearish
Daily -Strong bullish close on 02th Oct -Price break classic S&R level $1.4560 and manage to stay above -Deeper retracement was expected
Summary: -Similar to EURUSD idea, bearish sentiment still present so best setup is short the rally -Due to this week price action, high probability for price to challenge previous high of $1.5000
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-Price movement still remain tight
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-Overlook H4/H1 supply zone at $1.4700, price tested and promptly reverse. -Now price at support level, if hold price will continue to bounce higher. -D1 demand zone at below where price will go if support level fail.
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-Price break above M30 supply zone and slowly grind higher. -H4 supply zone above has been tested and may not be able to hold price down. -But until that zone is engulf, price rejection may still occur.