Bias for the week
Monthly: price overall is still in a bullish trend
failed to break Previous HL also respecting 1.17000
a strong monthly level
Weekly:Price formed a strong bullish variation
pattern at a strong level of S/R also breaking
above the 20SMA last weeks candle also closed
as a strong bullish engulfing
Daily: Price has been so bullish it has not
giving me a clear pullback
momentum seems to be slowing down it does
seem to be finding some resistance where
price came up to try break it before could
possibly see it finally start to pullback one thing
I like is it has closed above both moving
averages and is using them as a form of support
H4: If Price breaks Resistance and closes above
then retests buys are valid if it breaks support
then comes back to my Fib retracement levels
I will still look for longs
Monthly: price overall is still in a bullish trend
failed to break Previous HL also respecting 1.17000
a strong monthly level
Weekly:Price formed a strong bullish variation
pattern at a strong level of S/R also breaking
above the 20SMA last weeks candle also closed
as a strong bullish engulfing
Daily: Price has been so bullish it has not
giving me a clear pullback
momentum seems to be slowing down it does
seem to be finding some resistance where
price came up to try break it before could
possibly see it finally start to pullback one thing
I like is it has closed above both moving
averages and is using them as a form of support
H4: If Price breaks Resistance and closes above
then retests buys are valid if it breaks support
then comes back to my Fib retracement levels
I will still look for longs