- We can clearly identify how the price is currently in a bullish development phase which is still valid, since it has been leaving us with both increasing maximums and increasing minimums.
- If we see the graph centered, we see how the price not less than 1 hour ago just carried out a Bullish CbdE in continuation of said Trend, BUT at the same time it is an elimination of yesterday's London Hihg.
- We must keep in mind that after each Impulse comes a Retracement, and if we look at the magnitude and length with which the last Bullish Impulse was made we see that it has not had any retracement. Discounting either liquidity or a break in the same price .
- Clearly the price can retrace to intermediate zone levels from its last Bullish Impulse as well as the Ordeck Block level zone or Break Zones. Altogether we could use the 200 period EMA as a source of support to look for Bullish continuations.
- Therefore we should not rule out Bullish continuations, Clara is after seeing Bearish setbacks which do not break important levels of intermediate zones and others.
IMPORTANT:
- The first thing to keep in mind is that even or as long as the Major Supply zone where the price is close to reaching is not strongly and clearly eliminated, we cannot rule out the possibility of a Bearish scenario, as long as we first have a Bearish CbdE in Temporalities such as 1H or at least 15M.
- We have to keep in mind that the price is currently in a Supply zone which was created after the last Bearish impulse that we had the day before yesterday, which began with the opening of London and ended or reached one of its points. lower for the NY closing.
- Although also if we look after the Asia Open the day before yesterday, it was when the price continued to fall and even London continued to take the price to lower levels, thus causing a significant withdrawal of liquidity from the London Low of last week, It was then between the Pre and Opening of New York that the accumulation phase began, where the new phase of bullish momentum from yesterday began.
- After having manipulated and eliminated last week's Low in London, the Offer zone in which the price is currently located was created, although it should be noted that it has another offer zone higher up with greater temporality and probability.
EYE:
- Although the price is still Bullish, we cannot forget that it is within a Supply zone and that even eliminating it would enter another zone with a greater probability of Supply. Therefore, regardless of which zone it happens, we must be aware of whether it is provoked. a CbdE, Bearish.
- Preferably the aforementioned scenario if the Major zone that is higher than where the price is located would be caused, there would be a greater probability that the price would begin its new Bearish phase and we would see continuations to much lower levels and even see the elimination of the Low from yesterday's Asia or even yesterday's NY Low.
- We would also keep in mind that even if a Bearish CbdE is provoked, we should wait or Seek a confirmation in Minor Temporality to be able to be looking for the opportunity to take advantage of the future Bearish movement that we expect, after seeing such Impulse without Bullish setbacks.
- Before seeing or identifying a valid Bearish CbdE we need to first see the elimination of either the last High of the current Bullish trend, and even or much better the elimination of the first Supply zone where the price is currently located, which would lead to the price to enter the major zone again, after having eliminated the London High from the day before yesterday, thus taking said liquidity, then if the scenario of a Bearish CbdE is presented to us we would look for a confirmation to enter into sales.
- As long as the Major Supply zone is not eliminated, the scenario mentioned above would be valid. Specifically, if we see the strong and calm elimination of the key level of 1.07378, we would nullify any type of Bearish scenario for today.
- On the other hand, if we have elimination of either the Hihg from the current trend or the elimination of last week's London High, and even a slight manipulation of the Major zone, when seeing a first Bearish CbdE it would be a clear sign of sales But for the greatest probability of success, if we operate it would be through a confirmation after said first CbdE.
- The levels to be looking for as sales objectives for today, if the aforementioned scenario occurs in the Major zone, would be the following:
- 1.06595
- 1.06328
- 1.06105
- 1.05861
- 1.05616
- And if said scenario mentioned occurs in the current Supply zone, we would have closer but equally important levels, and some would even be the same:
- 1.06102
- 1.05936
- 1.05710
- 1.05612
- 1.05352
- If we see the graph centered, we see how the price not less than 1 hour ago just carried out a Bullish CbdE in continuation of said Trend, BUT at the same time it is an elimination of yesterday's London Hihg.
- We must keep in mind that after each Impulse comes a Retracement, and if we look at the magnitude and length with which the last Bullish Impulse was made we see that it has not had any retracement. Discounting either liquidity or a break in the same price .
- Clearly the price can retrace to intermediate zone levels from its last Bullish Impulse as well as the Ordeck Block level zone or Break Zones. Altogether we could use the 200 period EMA as a source of support to look for Bullish continuations.
- Therefore we should not rule out Bullish continuations, Clara is after seeing Bearish setbacks which do not break important levels of intermediate zones and others.
IMPORTANT:
- The first thing to keep in mind is that even or as long as the Major Supply zone where the price is close to reaching is not strongly and clearly eliminated, we cannot rule out the possibility of a Bearish scenario, as long as we first have a Bearish CbdE in Temporalities such as 1H or at least 15M.
- We have to keep in mind that the price is currently in a Supply zone which was created after the last Bearish impulse that we had the day before yesterday, which began with the opening of London and ended or reached one of its points. lower for the NY closing.
- Although also if we look after the Asia Open the day before yesterday, it was when the price continued to fall and even London continued to take the price to lower levels, thus causing a significant withdrawal of liquidity from the London Low of last week, It was then between the Pre and Opening of New York that the accumulation phase began, where the new phase of bullish momentum from yesterday began.
- After having manipulated and eliminated last week's Low in London, the Offer zone in which the price is currently located was created, although it should be noted that it has another offer zone higher up with greater temporality and probability.
EYE:
- Although the price is still Bullish, we cannot forget that it is within a Supply zone and that even eliminating it would enter another zone with a greater probability of Supply. Therefore, regardless of which zone it happens, we must be aware of whether it is provoked. a CbdE, Bearish.
- Preferably the aforementioned scenario if the Major zone that is higher than where the price is located would be caused, there would be a greater probability that the price would begin its new Bearish phase and we would see continuations to much lower levels and even see the elimination of the Low from yesterday's Asia or even yesterday's NY Low.
- We would also keep in mind that even if a Bearish CbdE is provoked, we should wait or Seek a confirmation in Minor Temporality to be able to be looking for the opportunity to take advantage of the future Bearish movement that we expect, after seeing such Impulse without Bullish setbacks.
- Before seeing or identifying a valid Bearish CbdE we need to first see the elimination of either the last High of the current Bullish trend, and even or much better the elimination of the first Supply zone where the price is currently located, which would lead to the price to enter the major zone again, after having eliminated the London High from the day before yesterday, thus taking said liquidity, then if the scenario of a Bearish CbdE is presented to us we would look for a confirmation to enter into sales.
- As long as the Major Supply zone is not eliminated, the scenario mentioned above would be valid. Specifically, if we see the strong and calm elimination of the key level of 1.07378, we would nullify any type of Bearish scenario for today.
- On the other hand, if we have elimination of either the Hihg from the current trend or the elimination of last week's London High, and even a slight manipulation of the Major zone, when seeing a first Bearish CbdE it would be a clear sign of sales But for the greatest probability of success, if we operate it would be through a confirmation after said first CbdE.
- The levels to be looking for as sales objectives for today, if the aforementioned scenario occurs in the Major zone, would be the following:
- 1.06595
- 1.06328
- 1.06105
- 1.05861
- 1.05616
- And if said scenario mentioned occurs in the current Supply zone, we would have closer but equally important levels, and some would even be the same:
- 1.06102
- 1.05936
- 1.05710
- 1.05612
- 1.05352