- First we must highlight that the price throughout Asia remained bearish, and in London it was then that an accumulation of the price began, which later at the NY Open caused a Bullish CbdE, which has led the price to do important setbacks in the still current Secondary Bearish trend.
- At the same time we must mention that the price since Tuesday of this week has continued making CbdE bullish and having significant upward momentum, like the one we had on Tuesday, Wednesday, and yesterday Thursday too, while today apparently wants have the same path.
- We must take into account the movements of the entire week, On Monday we had the beginning of the Bearish trend, On Tuesday we had Bullish retracements within the Bearish trend mentioned, Likewise on Wednesday we had Bullish Retracements, But with the important difference that This retreat to the upside caused a bullish CbdE, leaving us with a growing maximum,
But then followed by yesterday, Thursday, the price left us another increasing maximum at the same time as a growing Minimum. For them we must mention that although we had increasing Maximums for 2 days in a row, we cannot rule out that today the Pre-O Opening of London eliminated all the increasing minimums that the price had left us, which gives us to understand that the price was only making important setbacks within the same Bearish trend in which the price is found.
- Said bullish impulses mentioned are only parts of retracements of the Bearish trend, since if we look at said retracements or Upward Impulse they only managed to manipulate 61% of all the Bearish impulse of the entire week, which later caused the elimination of previous minimums and liquidity leading the price to create the new Low of the week.
IMPORTANT:
- The price is close to the intermediate zone since the last bearish impulse that we had yesterday in ASIA. Therefore, although we have seen CbdE rising, we cannot rule out that the bearish trend is still in force.
- We also have to take into account that the price has not yet reached important areas pending Mitigate or Manipulate, at lower levels such as 1.06530 and 1.06409. In addition, the area of Greater Demand that covers much more levels starting from 1.06530 to the 1.06244.
- The price Today after Manipulating the Low of the week in the London Time It caused us a mini CbdE Bullish which took the price until it went back, taking it to the ema of 200 periods. It still needs to continue going back or at least that's what I think, for at least until reaching the intermediate zone mentioned above which is located between the levels of 1.06908 and 1.06994.
EYE:
- After causing said Bullish CbdE mentioned, we created a Demand zone which has not receded to mitigate, But we must be aware that if the price reaches the Bearish intermediate zone first than the aforementioned Demand zone, there will be a lot of possibility against said Demand zone being effectively broken, since the price has 2 Zones of greater importance of Demand lower than the mentioned zone.
- On the other hand, I would like to see that the price, before reaching said Bearish intermediate zone, recedes to the Demand zone that created us after the CbdE, since that could cause, if the price respects it, to take it first to the Bearish intermediate zone, to From there it continues its original trend, eliminating the last Low plus the Demand zone that created today, thus reaching the most important Zones located lower levels.
- The Demand zone created today in Temporality of 5M is between the levels of 1.06618 and 1.06566. Within the same zone we have reduced it based on lower temporality of 1M which is located between the levels of 1.06600 and 1.06573, Additional that only in Temporality of 1M above do we have an Ordec Block that could also be used as the necessary support to revert to the price to the Bearish intermediate zone, of course as long as it retraces said Zones before mitigating the mentioned intermediate zone.
- For today if the price reaches the intermediate Bearish zone before continuing with the falls or We would be looking for confirmations in minor Temporalities, to be selling up to the zones Created today, with possible Extensions to the most important zones created last week.
- In addition, if the price begins to fall before reaching the bearish intermediate zone, then we would be waiting to see if it respects the Ordec Block or the 2 Zones created today, to be looking for purchasing opportunities with objectives that the price goes to Mitigate, Manipulate and even eliminate the bearish intermediate zone, in the same way that if the price meets the scenario of falling before reaching the intermediate zone but at the same time eliminates the mentioned zones that I created today, Then you would be expecting the same scenario of a Bullish CbdE but now in the most important areas of last week.
- At the same time we must mention that the price since Tuesday of this week has continued making CbdE bullish and having significant upward momentum, like the one we had on Tuesday, Wednesday, and yesterday Thursday too, while today apparently wants have the same path.
- We must take into account the movements of the entire week, On Monday we had the beginning of the Bearish trend, On Tuesday we had Bullish retracements within the Bearish trend mentioned, Likewise on Wednesday we had Bullish Retracements, But with the important difference that This retreat to the upside caused a bullish CbdE, leaving us with a growing maximum,
But then followed by yesterday, Thursday, the price left us another increasing maximum at the same time as a growing Minimum. For them we must mention that although we had increasing Maximums for 2 days in a row, we cannot rule out that today the Pre-O Opening of London eliminated all the increasing minimums that the price had left us, which gives us to understand that the price was only making important setbacks within the same Bearish trend in which the price is found.
- Said bullish impulses mentioned are only parts of retracements of the Bearish trend, since if we look at said retracements or Upward Impulse they only managed to manipulate 61% of all the Bearish impulse of the entire week, which later caused the elimination of previous minimums and liquidity leading the price to create the new Low of the week.
IMPORTANT:
- The price is close to the intermediate zone since the last bearish impulse that we had yesterday in ASIA. Therefore, although we have seen CbdE rising, we cannot rule out that the bearish trend is still in force.
- We also have to take into account that the price has not yet reached important areas pending Mitigate or Manipulate, at lower levels such as 1.06530 and 1.06409. In addition, the area of Greater Demand that covers much more levels starting from 1.06530 to the 1.06244.
- The price Today after Manipulating the Low of the week in the London Time It caused us a mini CbdE Bullish which took the price until it went back, taking it to the ema of 200 periods. It still needs to continue going back or at least that's what I think, for at least until reaching the intermediate zone mentioned above which is located between the levels of 1.06908 and 1.06994.
EYE:
- After causing said Bullish CbdE mentioned, we created a Demand zone which has not receded to mitigate, But we must be aware that if the price reaches the Bearish intermediate zone first than the aforementioned Demand zone, there will be a lot of possibility against said Demand zone being effectively broken, since the price has 2 Zones of greater importance of Demand lower than the mentioned zone.
- On the other hand, I would like to see that the price, before reaching said Bearish intermediate zone, recedes to the Demand zone that created us after the CbdE, since that could cause, if the price respects it, to take it first to the Bearish intermediate zone, to From there it continues its original trend, eliminating the last Low plus the Demand zone that created today, thus reaching the most important Zones located lower levels.
- The Demand zone created today in Temporality of 5M is between the levels of 1.06618 and 1.06566. Within the same zone we have reduced it based on lower temporality of 1M which is located between the levels of 1.06600 and 1.06573, Additional that only in Temporality of 1M above do we have an Ordec Block that could also be used as the necessary support to revert to the price to the Bearish intermediate zone, of course as long as it retraces said Zones before mitigating the mentioned intermediate zone.
- For today if the price reaches the intermediate Bearish zone before continuing with the falls or We would be looking for confirmations in minor Temporalities, to be selling up to the zones Created today, with possible Extensions to the most important zones created last week.
- In addition, if the price begins to fall before reaching the bearish intermediate zone, then we would be waiting to see if it respects the Ordec Block or the 2 Zones created today, to be looking for purchasing opportunities with objectives that the price goes to Mitigate, Manipulate and even eliminate the bearish intermediate zone, in the same way that if the price meets the scenario of falling before reaching the intermediate zone but at the same time eliminates the mentioned zones that I created today, Then you would be expecting the same scenario of a Bullish CbdE but now in the most important areas of last week.