- Today we clearly have a scenario to be waiting for that opportunity to sell at confirmation, as the title says, BUT for that we clearly have to wait for the price to begin to retreat to preferably its origin zone, from the bearish impulse recent.
- Once the price enters our Offer zone, we must wait for the same scenario that we already saw to be presented to us, which was a change in downward structure or CbdE Bearish recently. Therefore, once the price reaches said zone That is when we must move to the smaller Temporalities such as those of 1M or 3M, to wait for that necessary confirmation that we need to enter the market today.
- On the other hand, we must mention that the price has a probability or there is still a possibility that the price will manipulate both the Asian High and could also eliminate the intermediate zone from the last General impulse of the Bearish trend, in order to reach the zone of origin that is much higher.
- For this reason, we should not enter the market once it reaches the area of origin of the bearish CbdE impulse that we saw recently, At Risk, but rather wait for confirmation to be able to validate today's possible entry.
IMPORTANT:
- Preferably I would like to see the price reach the origin zone from the last Bearish impulse which is located between the key levels of 1.09552 and 1.09654 and not only retrace to the intermediate zone from the same impulse which is located a little further down between the levels of 1.09523 and 1.09555 since the price can continue or begin a new phase of correction or downward momentum today.
- Also if we look at the fact that the price manipulated the key level that would make the effect of a bearish CbdE valid for today, we see that said price did not close below the same level with the candle body. Therefore, we would not be surprised that:
1- Let's not see that confirmation that we need once the price reaches either the origin zone or the intermediate zone from the recent bearish impulse that we saw, then if the aforementioned happens and the price continues with its upward trend today and clearly eliminates both the Asian High and the intermediate zone since the last General Bearish Impulse. We must take into account said zone of supply, both intermediate and of origin, which would become Breakout zones which the price may later be using as support to continue. with its upward extensions.
2- That the price recedes either to the intermediate or origin zone from the recent downward impulse and that since then we are not presented with the scenario that we expect today, of a confirmation to be able to enter the market in sales. Therefore, if the price reaches any of the areas mentioned above and does not give us confirmation, we would NOT enter sales today.
- In addition, there is also the probability that the price will manipulate, thus taking the liquidity of the Asian High and then the bearish scenario expected today will be happening, and even taking said liquidity and then reacting strongly downwards without giving us confirmation, becoming down without us.
EYE:
- If the price breaks the key level where yesterday's Asian High is located at 1.09655, it eliminates the intermediate zone where it still resides, which we would consider eliminated if the price clearly breaks the key level of the 1.09599 which has already been broken or manipulated, therefore we must be very attentive to those levels mentioned above.
- Another possible scenario for today is that the price continues with its downward momentum from where it is currently, and that more clearly eliminates the closest growing Minimum, thus validating us that with greater probability the price has changed trend and that said Bearish CbdE is valid to operate it.
- If the scenario mentioned above happens, then we should take into account when the price retraces. It may only reach the intermediate zone of the recent downward impulse, which would prevent the price from reaching the origin zone from the same impulse. Therefore, In both the intermediate zone and the zone of origin we must FIRST and only see a bearish CbdE in shorter time frames, thus repeating the same scenario that we are seeing or have just seen in longer time frames.
- There is a probability that if the price continues to fall and eliminates both the Low that would confirm the bearish CbdE of the day, plus the NY Low and the London Low of yesterday, and even preferably eliminates or manipulates the Asian Low of the day before yesterday, then we could be waiting for a minimum CbdE in 15M or 1H and then look for an extra confirmation in smaller time frames to be buying today. That mentioned will only be valid if the price continues to fall and if it does not eliminate the level key of 1.08974.
- Bearish objectives for today:
1.09300
1.09241
1.09189
1.09130
1.09069
1.09027
1.08974
- Bullish objectives for today:
1.09600
1.09650
1.09800
1.09900
1.01000
1.10179
1.10446
- Once the price enters our Offer zone, we must wait for the same scenario that we already saw to be presented to us, which was a change in downward structure or CbdE Bearish recently. Therefore, once the price reaches said zone That is when we must move to the smaller Temporalities such as those of 1M or 3M, to wait for that necessary confirmation that we need to enter the market today.
- On the other hand, we must mention that the price has a probability or there is still a possibility that the price will manipulate both the Asian High and could also eliminate the intermediate zone from the last General impulse of the Bearish trend, in order to reach the zone of origin that is much higher.
- For this reason, we should not enter the market once it reaches the area of origin of the bearish CbdE impulse that we saw recently, At Risk, but rather wait for confirmation to be able to validate today's possible entry.
IMPORTANT:
- Preferably I would like to see the price reach the origin zone from the last Bearish impulse which is located between the key levels of 1.09552 and 1.09654 and not only retrace to the intermediate zone from the same impulse which is located a little further down between the levels of 1.09523 and 1.09555 since the price can continue or begin a new phase of correction or downward momentum today.
- Also if we look at the fact that the price manipulated the key level that would make the effect of a bearish CbdE valid for today, we see that said price did not close below the same level with the candle body. Therefore, we would not be surprised that:
1- Let's not see that confirmation that we need once the price reaches either the origin zone or the intermediate zone from the recent bearish impulse that we saw, then if the aforementioned happens and the price continues with its upward trend today and clearly eliminates both the Asian High and the intermediate zone since the last General Bearish Impulse. We must take into account said zone of supply, both intermediate and of origin, which would become Breakout zones which the price may later be using as support to continue. with its upward extensions.
2- That the price recedes either to the intermediate or origin zone from the recent downward impulse and that since then we are not presented with the scenario that we expect today, of a confirmation to be able to enter the market in sales. Therefore, if the price reaches any of the areas mentioned above and does not give us confirmation, we would NOT enter sales today.
- In addition, there is also the probability that the price will manipulate, thus taking the liquidity of the Asian High and then the bearish scenario expected today will be happening, and even taking said liquidity and then reacting strongly downwards without giving us confirmation, becoming down without us.
EYE:
- If the price breaks the key level where yesterday's Asian High is located at 1.09655, it eliminates the intermediate zone where it still resides, which we would consider eliminated if the price clearly breaks the key level of the 1.09599 which has already been broken or manipulated, therefore we must be very attentive to those levels mentioned above.
- Another possible scenario for today is that the price continues with its downward momentum from where it is currently, and that more clearly eliminates the closest growing Minimum, thus validating us that with greater probability the price has changed trend and that said Bearish CbdE is valid to operate it.
- If the scenario mentioned above happens, then we should take into account when the price retraces. It may only reach the intermediate zone of the recent downward impulse, which would prevent the price from reaching the origin zone from the same impulse. Therefore, In both the intermediate zone and the zone of origin we must FIRST and only see a bearish CbdE in shorter time frames, thus repeating the same scenario that we are seeing or have just seen in longer time frames.
- There is a probability that if the price continues to fall and eliminates both the Low that would confirm the bearish CbdE of the day, plus the NY Low and the London Low of yesterday, and even preferably eliminates or manipulates the Asian Low of the day before yesterday, then we could be waiting for a minimum CbdE in 15M or 1H and then look for an extra confirmation in smaller time frames to be buying today. That mentioned will only be valid if the price continues to fall and if it does not eliminate the level key of 1.08974.
- Bearish objectives for today:
1.09300
1.09241
1.09189
1.09130
1.09069
1.09027
1.08974
- Bullish objectives for today:
1.09600
1.09650
1.09800
1.09900
1.01000
1.10179
1.10446