Short term intraday review of current possibilities
On a 1H chart we have a bullish pattern
Divergence with a current oscillator confirms the reversal pattern on a 1H chart, what gives support to momentum traders, and can possibly give a momentum to the price movement.
Price is At weekly pivot
However, I will look look for Bearish PA patterns to begin with at 0.7150 due to intraday trend direction
"P.S.: Current short term analysis can look opposite to what I have posted of a higher grade. It happens because I’m reacting to a current market conditions, as big changes are starting with small. Also entry level on a higher grade chart can be a target on a lower grade chart"
"Any questions are welcome!!! just write down in comments. Your likes are much appreciated."
On a 1H chart we have a bullish pattern
Divergence with a current oscillator confirms the reversal pattern on a 1H chart, what gives support to momentum traders, and can possibly give a momentum to the price movement.
Price is At weekly pivot
However, I will look look for Bearish PA patterns to begin with at 0.7150 due to intraday trend direction
"P.S.: Current short term analysis can look opposite to what I have posted of a higher grade. It happens because I’m reacting to a current market conditions, as big changes are starting with small. Also entry level on a higher grade chart can be a target on a lower grade chart"
"Any questions are welcome!!! just write down in comments. Your likes are much appreciated."