- We observe how the price even for the Pre and Opening of NY continues to be Bearish, but if we look more closely we can clearly identify that the price is in an important Demand area, but that the price has already eliminated the Lows or Low from Thursday of last week.
- Therefore, knowing that the price took liquid from last week's lows, we would not be surprised that even though the Eur could weaken due to the results of today's High Impact news, we can see that causes us a (CbdE) in Temp of 1H.
- Which will give us a clear signal that the price could possibly be giving x ends even temporarily the secondary bearish trend in which the price is currently still.
- Currently, after manipulating the Demand zone where the price resides, we can observe how the price is accumulating, which tells us that the price is accumulating liquidity to possibly begin its new phase and Bullish Development.
- In addition, if we help ourselves with the chart formations, we can see how the price has created a Bearish channel formation where it is most likely to break to the upside, which would give us objectives in the same direction where we hope to have the opportunity. entering the market today, but we see that said formation already made a false break downwards, manipulating the Demand zone and at the same time mitigating the trend line of the 1H Temp Major formation which is now being used as medium.
IMPORTANT:
- Being clear about the Manipulation of the demand zone, Plus the mitigation of the resistance line of the major formation converted and now used as support, More accumulations in the price, and Close to carrying out an Upward CbdE in both 1H Temp and of 15M, We can only be waiting to see if this scenario occurs. Look for confirmations to look for opportunities to enter a purchase in the price for today.
- The price has not yet confirmed the CbdE Alcsite, but once it happens we would go down to Temp of 5M or 1M to be looking for a good confirmation to buy, Where we would have as first objectives to eliminate the 2 High decreasing Temp of 1H closest that the price has not left, since they would be key levels where the price can possibly mitigate and even eliminate them.
EYE:
- If the price does not do the aforementioned scenario, we cannot lose sight of the fact that if the price eliminates the Demand zone which has already been Manipulated, but eliminates the resistance line converted and now used as support, then we will continue to see developments and Bearish continuation to lower levels today.
- The levels of super importance for the closest and most probable objectives to the upside would be the closest decreasing HIgh that are specifically located at the levels of 1.05851 and 1.06075
- Currently, right now as I write my analysis for today, the price right now has just confirmed this trend change in both the 1H and 15M Temps, which makes the direction for today clear to us, Alcsita .
- Now we only have to wait for bearish setbacks to be looking for confirmation in the Temp of 5M and 1M, to enter buying in search of the first objectives mentioned above.
- As the next Bullish objectives, if the Bearish trend in which the price is found is already over, it would be the key levels of 1.06200 and 1.06361 - 1.06634 and 1.06745 and then closer We would have to eliminate the High of the week, in addition to that We still have a pending objective higher up located in the next important Supply zone located between the levels of 1.07060 and 1.07267.
- Therefore, knowing that the price took liquid from last week's lows, we would not be surprised that even though the Eur could weaken due to the results of today's High Impact news, we can see that causes us a (CbdE) in Temp of 1H.
- Which will give us a clear signal that the price could possibly be giving x ends even temporarily the secondary bearish trend in which the price is currently still.
- Currently, after manipulating the Demand zone where the price resides, we can observe how the price is accumulating, which tells us that the price is accumulating liquidity to possibly begin its new phase and Bullish Development.
- In addition, if we help ourselves with the chart formations, we can see how the price has created a Bearish channel formation where it is most likely to break to the upside, which would give us objectives in the same direction where we hope to have the opportunity. entering the market today, but we see that said formation already made a false break downwards, manipulating the Demand zone and at the same time mitigating the trend line of the 1H Temp Major formation which is now being used as medium.
IMPORTANT:
- Being clear about the Manipulation of the demand zone, Plus the mitigation of the resistance line of the major formation converted and now used as support, More accumulations in the price, and Close to carrying out an Upward CbdE in both 1H Temp and of 15M, We can only be waiting to see if this scenario occurs. Look for confirmations to look for opportunities to enter a purchase in the price for today.
- The price has not yet confirmed the CbdE Alcsite, but once it happens we would go down to Temp of 5M or 1M to be looking for a good confirmation to buy, Where we would have as first objectives to eliminate the 2 High decreasing Temp of 1H closest that the price has not left, since they would be key levels where the price can possibly mitigate and even eliminate them.
EYE:
- If the price does not do the aforementioned scenario, we cannot lose sight of the fact that if the price eliminates the Demand zone which has already been Manipulated, but eliminates the resistance line converted and now used as support, then we will continue to see developments and Bearish continuation to lower levels today.
- The levels of super importance for the closest and most probable objectives to the upside would be the closest decreasing HIgh that are specifically located at the levels of 1.05851 and 1.06075
- Currently, right now as I write my analysis for today, the price right now has just confirmed this trend change in both the 1H and 15M Temps, which makes the direction for today clear to us, Alcsita .
- Now we only have to wait for bearish setbacks to be looking for confirmation in the Temp of 5M and 1M, to enter buying in search of the first objectives mentioned above.
- As the next Bullish objectives, if the Bearish trend in which the price is found is already over, it would be the key levels of 1.06200 and 1.06361 - 1.06634 and 1.06745 and then closer We would have to eliminate the High of the week, in addition to that We still have a pending objective higher up located in the next important Supply zone located between the levels of 1.07060 and 1.07267.