Eur/Usd Short-term purchase - BE CAREFUL with continuations
- Today, we will clearly start with what happened in the price in the past days,
If we look at the current price trend, we can see how clearly the price is in a still current Bearish trend.
- The price has recently entered a buy zone which we cannot lose sight of, since in said zone we could witness a change in structure from bearish to bullish, or in other words a CbdE A.
- The ideal is that the price does not break the zone where I just entered, although we have to highlight that we have 2 Demand zones, almost at the same levels, which will both be interesting to wait for a buying opportunity to present itself on the day . from today.
- The zone number 2 that I mentioned previously, is or rather was an intermediate Bearish zone, which was broken upwards. Therefore, now I would not be surprised if the price, in order to maintain the medium-term bullish trend, uses it as support for the price to rely on the bearish discount in which it is currently in the medium term.
IMPORTANT:
- The price has just entered the ordec block of the last bullish impulse that the price had in medium-term temporalities, such as those of 4H and those of 1D. Therefore, after seeing this discount, the chances that a buying opportunity will arise in favor of the medium-term trend is quite high.
- That is why today, we will expect to see a Bullish CbdE in minimum temporalities of 30M 1H or better yet 2H or 4H, to later happen said scenario of change of structure, look for an extra confirmation in smaller temporalities such as serial ones of 15M 5M or 3M. To be looking to buy at the bottom of the discount, before or at the time when it begins to resume its main medium-term trend.
- Even in temporalities such as 1H and even 30M we do not have a clear level to validate said change in trend, but we will be waiting for the price to leave us with this level of validation for the possible high probability alcsite CbdE that can It will happen today, during our operating hours.
EYE:
- If the price were to break the current zone where it is located and even break the intermediate Bearish zone of the medium term, now converted into a Demand zone which can be used as support, to provoke a bullish reaction in the price, helping to resume the trend . main medium term. If these areas are broken, then we will see continuations of the bearish trend in search of levels much lower than those we currently find ourselves in. Like 1.08000 and 1.07400.
- On the other hand, if the price respects any of the 2 zones already mentioned and the expected scenario occurs, of a change in trend from bearish to bullish, then we enter the lurch waiting for a confirmation to be mounting the resumption of the previous upward trend.
- The primary bullish objectives for today will be the key levels of 1.10291 and 1.10449. since in the first level we have the last Bearish ordec block that left the price before the recent downward impulse that we are still witnessing, and the other level is the decreasing High of the Asian schedule which we already know is liquidity for both the market from London as well as from NY.
- Finally, I will mention the shorter-term objectives, such as Scalping, which would be the levels:
1.09717
1.09836
1.09973
1.10109
1.10201
If we look at the current price trend, we can see how clearly the price is in a still current Bearish trend.
- The price has recently entered a buy zone which we cannot lose sight of, since in said zone we could witness a change in structure from bearish to bullish, or in other words a CbdE A.
- The ideal is that the price does not break the zone where I just entered, although we have to highlight that we have 2 Demand zones, almost at the same levels, which will both be interesting to wait for a buying opportunity to present itself on the day . from today.
- The zone number 2 that I mentioned previously, is or rather was an intermediate Bearish zone, which was broken upwards. Therefore, now I would not be surprised if the price, in order to maintain the medium-term bullish trend, uses it as support for the price to rely on the bearish discount in which it is currently in the medium term.
IMPORTANT:
- The price has just entered the ordec block of the last bullish impulse that the price had in medium-term temporalities, such as those of 4H and those of 1D. Therefore, after seeing this discount, the chances that a buying opportunity will arise in favor of the medium-term trend is quite high.
- That is why today, we will expect to see a Bullish CbdE in minimum temporalities of 30M 1H or better yet 2H or 4H, to later happen said scenario of change of structure, look for an extra confirmation in smaller temporalities such as serial ones of 15M 5M or 3M. To be looking to buy at the bottom of the discount, before or at the time when it begins to resume its main medium-term trend.
- Even in temporalities such as 1H and even 30M we do not have a clear level to validate said change in trend, but we will be waiting for the price to leave us with this level of validation for the possible high probability alcsite CbdE that can It will happen today, during our operating hours.
EYE:
- If the price were to break the current zone where it is located and even break the intermediate Bearish zone of the medium term, now converted into a Demand zone which can be used as support, to provoke a bullish reaction in the price, helping to resume the trend . main medium term. If these areas are broken, then we will see continuations of the bearish trend in search of levels much lower than those we currently find ourselves in. Like 1.08000 and 1.07400.
- On the other hand, if the price respects any of the 2 zones already mentioned and the expected scenario occurs, of a change in trend from bearish to bullish, then we enter the lurch waiting for a confirmation to be mounting the resumption of the previous upward trend.
- The primary bullish objectives for today will be the key levels of 1.10291 and 1.10449. since in the first level we have the last Bearish ordec block that left the price before the recent downward impulse that we are still witnessing, and the other level is the decreasing High of the Asian schedule which we already know is liquidity for both the market from London as well as from NY.
- Finally, I will mention the shorter-term objectives, such as Scalping, which would be the levels:
1.09717
1.09836
1.09973
1.10109
1.10201