The main difference between this post and previous analysis is that we've got some reaction from daily supply chain, and from here, we might see further bearish development
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☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
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WEEKLY
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MEDIUM TIMEFRAMES (1-4hours)
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LOWER TIMEFRAMES (10-30 min.)
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We start to have more confluence with higher timeframe bearish bias
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One of the bearish scenarios developed. Price stay bearish. However now we are extended in the impulse, which doesnt mean we need to long of course
But it means we might see a period of back and forth price action before continuing
lower, in confluence with HTF
But it means we might see a period of back and forth price action before continuing
lower, in confluence with HTF
