- Clearly today we can see how the price has followed or continued in the same direction that we had preferred for last week. Therefore, we must always keep in mind that later or later an upward movement is followed by a downward movement.
- We must take into account all past movements and breaks of structures in the price, since this helps us with the prediction of the next previous movement that the market would be making. If we look closely at the price we see how clearly the price for both Asia and for London it opened to the upside.
- So we have key objectives or levels that if they are eliminated would leave us with a clear scenario to be looking for an opportunity to enter the market today. Therefore, it is worth highlighting that we have pending to eliminate or take the liquidity of both the Low Asia like Low London Or High London.
- The last change in structure or CbdE that we had was the elimination of the last increasing HIgh of the bullish trend from last week, leaving us with a start to the week with increasing minimums and increasing maximums and yes, we must clarify that the price is in zones of Offers so we would not be surprised to see a CBdE going down today, although it is only part of a decline in the main trend that is clearly bullish.
IMPORTANT:
- The first thing we must mention is that the price is currently within a Supply Zone, which is the intermediate zone since the last impulse of the previous Bearish trend. Therefore, we cannot forget that said secondary upward trend can only or is it being part of setbacks or pauses in the price of the main downtrend.
- After the elimination of the last growing High of the past trend, the price has not turned around yet, so we have not seen any significant setbacks or rest in the current bullish trend, which is why we must be on the lookout for any change in structure Bearish or CbdE on the downside.
- But at the same time we have to keep in mind that if the price decides so, or rather the demand beats the supply, then we could continue to see deeper Bullish extensions in the price such as taking it to the origin zone from the main impulse that created the entire Bearish trend in Long-Term Temporalities.
- To be waiting for a buying opportunity for today, we would first have to see significant setbacks plus downward liquidity, and then later be waiting for a bullish CbdE and finally see the same scenario in shorter periods in search of the necessary confirmation that we need to be entering the market.
EYE:
- If the price breaks clearly, not only does it close with a body above the intermediate zone mentioned above, but after the break we see an extension that clearly shows that this breakout or Breakout is valid, then it would be automatically ruled out at least Until further notice, any scenario presented or probability of entering the market today is downward, and on the contrary, we would use said break zone to be looking for purchasing opportunities today.
- On the other hand, to be looking for the opportunity to buy today we would preferably need to see the price retracing at least the intermediate or origin zone since the last mini Bullish impulse, in addition to whether the price eliminates or manipulates the lows of the day like the Asian Low or the London Low, Clearly that could be a break only in the price plus a liquidity grab to then return with its upward trend, and even said elimination or manipulation would also be used to validate the bearish CbdE.
- We must also mention that preferably for today, Regardless of the fact that the price has a clear upward trend, taking into account the highly relevant area that is currently located, I would expect a Bearish Scenario to be presented for the day of Today, said scenario would have to first:
1- That the price manipulates the last mini High in London of the current trend and that we then see that rejection and CbdE in minimum time frames of 1H 30M OR 15M, to later be looking for a confirmation in smaller time frames to be entering sales in the market the present day.
2- That the price does not manipulate the aforementioned intermediate zone before, and that at the same time it does not eliminate today's London High, and that on the contrary it either turns around from where it is or rises a little more but without eliminating or manipulating what has already been mentioned to subsequently begin to fall, causing us that First downward CbdE that we need to begin to propose a Bearish scenario for today.
- Once the price breaks the key level of 1.09129 then we would assume the elimination of today's London Low, but at the same time a downward CbdE would be caused, which would clearly take the price to the next zone of origin of the last mini bullish impulse that we saw between the pre-opening of London and so far in New York.
- Said origin zone already mentioned above is located at the same or close to the key Asian Low level of yesterday. Therefore, we would not be surprised if the price only recedes and then resumes its upward trend on the same day. today, Manipulate said area first and said Low before turning back to the Up.
- In case the price eliminates both the intermediate zone, and of bearish origin since the last mini upward impulse that we saw today, then we will equally assume that the price will continue to extend downwards to Demand areas more important such as the intermediate zone or the origin zone but now since the last Bullish impulse that began last week.
- Furthermore, even if the price retraces either 50 or 61% since the last bullish impulse last week and even recedes deeply between 80 and 100% from the aforementioned impulse, we cannot rule out that as long as the key level of 1.08331 remains in force and is not eliminated, the upward trend may continue.
- I will mention the key objectives or levels that the price may be hoping to eliminate or manipulate for today, and even for tomorrow.
For key objectives or level if we buy:
- 1.09400 - 1.09500 -1.09600
- 1.09800 - 1.10000 -1.10200
- 1.10400 - 1.10600 -1.10800
- 1.11000 - 1.11200 - 1.11400
For key objectives or level if we sell:
- 1.08975 - 1.08853 - 1.08746
- 1.08700 - 1.08600 - 1.08500
- 1.08400 - 1.08331 - 1.08249
- We must take into account all past movements and breaks of structures in the price, since this helps us with the prediction of the next previous movement that the market would be making. If we look closely at the price we see how clearly the price for both Asia and for London it opened to the upside.
- So we have key objectives or levels that if they are eliminated would leave us with a clear scenario to be looking for an opportunity to enter the market today. Therefore, it is worth highlighting that we have pending to eliminate or take the liquidity of both the Low Asia like Low London Or High London.
- The last change in structure or CbdE that we had was the elimination of the last increasing HIgh of the bullish trend from last week, leaving us with a start to the week with increasing minimums and increasing maximums and yes, we must clarify that the price is in zones of Offers so we would not be surprised to see a CBdE going down today, although it is only part of a decline in the main trend that is clearly bullish.
IMPORTANT:
- The first thing we must mention is that the price is currently within a Supply Zone, which is the intermediate zone since the last impulse of the previous Bearish trend. Therefore, we cannot forget that said secondary upward trend can only or is it being part of setbacks or pauses in the price of the main downtrend.
- After the elimination of the last growing High of the past trend, the price has not turned around yet, so we have not seen any significant setbacks or rest in the current bullish trend, which is why we must be on the lookout for any change in structure Bearish or CbdE on the downside.
- But at the same time we have to keep in mind that if the price decides so, or rather the demand beats the supply, then we could continue to see deeper Bullish extensions in the price such as taking it to the origin zone from the main impulse that created the entire Bearish trend in Long-Term Temporalities.
- To be waiting for a buying opportunity for today, we would first have to see significant setbacks plus downward liquidity, and then later be waiting for a bullish CbdE and finally see the same scenario in shorter periods in search of the necessary confirmation that we need to be entering the market.
EYE:
- If the price breaks clearly, not only does it close with a body above the intermediate zone mentioned above, but after the break we see an extension that clearly shows that this breakout or Breakout is valid, then it would be automatically ruled out at least Until further notice, any scenario presented or probability of entering the market today is downward, and on the contrary, we would use said break zone to be looking for purchasing opportunities today.
- On the other hand, to be looking for the opportunity to buy today we would preferably need to see the price retracing at least the intermediate or origin zone since the last mini Bullish impulse, in addition to whether the price eliminates or manipulates the lows of the day like the Asian Low or the London Low, Clearly that could be a break only in the price plus a liquidity grab to then return with its upward trend, and even said elimination or manipulation would also be used to validate the bearish CbdE.
- We must also mention that preferably for today, Regardless of the fact that the price has a clear upward trend, taking into account the highly relevant area that is currently located, I would expect a Bearish Scenario to be presented for the day of Today, said scenario would have to first:
1- That the price manipulates the last mini High in London of the current trend and that we then see that rejection and CbdE in minimum time frames of 1H 30M OR 15M, to later be looking for a confirmation in smaller time frames to be entering sales in the market the present day.
2- That the price does not manipulate the aforementioned intermediate zone before, and that at the same time it does not eliminate today's London High, and that on the contrary it either turns around from where it is or rises a little more but without eliminating or manipulating what has already been mentioned to subsequently begin to fall, causing us that First downward CbdE that we need to begin to propose a Bearish scenario for today.
- Once the price breaks the key level of 1.09129 then we would assume the elimination of today's London Low, but at the same time a downward CbdE would be caused, which would clearly take the price to the next zone of origin of the last mini bullish impulse that we saw between the pre-opening of London and so far in New York.
- Said origin zone already mentioned above is located at the same or close to the key Asian Low level of yesterday. Therefore, we would not be surprised if the price only recedes and then resumes its upward trend on the same day. today, Manipulate said area first and said Low before turning back to the Up.
- In case the price eliminates both the intermediate zone, and of bearish origin since the last mini upward impulse that we saw today, then we will equally assume that the price will continue to extend downwards to Demand areas more important such as the intermediate zone or the origin zone but now since the last Bullish impulse that began last week.
- Furthermore, even if the price retraces either 50 or 61% since the last bullish impulse last week and even recedes deeply between 80 and 100% from the aforementioned impulse, we cannot rule out that as long as the key level of 1.08331 remains in force and is not eliminated, the upward trend may continue.
- I will mention the key objectives or levels that the price may be hoping to eliminate or manipulate for today, and even for tomorrow.
For key objectives or level if we buy:
- 1.09400 - 1.09500 -1.09600
- 1.09800 - 1.10000 -1.10200
- 1.10400 - 1.10600 -1.10800
- 1.11000 - 1.11200 - 1.11400
For key objectives or level if we sell:
- 1.08975 - 1.08853 - 1.08746
- 1.08700 - 1.08600 - 1.08500
- 1.08400 - 1.08331 - 1.08249