- If we look closely at the price, we can see how it was still in a decline phase, which we can currently see later on as it is ending.
- Once the price eliminated the Low or lows of Asia on Monday, we see how at the same time the price touched both the Bullish trend line that is still in force, but also mitigated the Important Demand zone since it was the last one that the price left us before realizing all the Bullish momentum that we saw last week.
- After mitigating said zone and said trend line, the price since before the Pre and Opening of NY has remained consolidated, accumulating liquidity to possibly begin or begin its new bullish phase.
- If we look at what was mentioned yesterday, the price remained completely in continuation in Bearish setbacks to lower levels like what we mentioned before. If we see the High Temp of 1H we see that the key level to cause said change of trend in said temporality, it has not yet been eliminated.
- We also cannot forget that we also operate Scalping so it is valid to choose a CbdE in the Temp of 15M which is currently close to happening, which later on can allow us to be looking for an opportunity to enter into a purchase, looking for how minimum of High decreasing Temp Greater than 1H,
- Of course, it should be noted that what was mentioned above is for a Scalping type Operation, since to be operating Day Trading we would need to wait for a trend change in Temp of 1H, and then be looking for confirmations in Temp of 5M.
IMPORTANT:
- We cannot confirm that the previous secondary downward trend has been ruled out, since the decreasing High of the Temp of 1H is still in force, and until we see its elimination, we cannot validate that the decline in the price has ended. Regarding the major trend that clearly remains Bullish.
- We can also observe as we mentioned before that after mitigating both the demand zone and the bullish trend line, the price was also not leaving a bearish trend line which has already been eliminated, which gives us a good sign that The price is already beginning to react in search of starting its new possible Bullish Impulse.
- We also see how in Temp of 5M the price already made a (CbdE) change in trend, so now we may be looking for a scalping type operation, if the price falls back to key levels such as the intermediate zone or the zone of start since said mini bullish impulse began.
EYE:
- The key levels that we have to take into account for Today's Purchases if this scenario occurs would be the following:
1.05930 - To confirm the (CbdE) in the Temporality of 15M.
1.06070 - To confirm the (CbdE) in the Time of 1H.
1.06188 and 1.06290 - These would be key levels to watch if the price eliminates the 2 levels mentioned above.
- For Higher objectives we would have to take into account much higher levels such as those located between 1.06634 - 1.06745 - 1.6910 and 1.07060 - 1.07267
- If said Alcsita scenario does not happen, it means that the price realized the 2 different scenarios that we expected:
1- That the price did not eliminate the key level of 1.05930, so a Bullish CbdE never happened at least in Temp of 15M, which would leave us with the Still Bearish vision in the price for Today.
2- That the price eliminates the key level mentioned above and causes a bullish CbdE in Temp of 15M, BUT that it never eliminates the key level for the most important CbdE, which would be the Temp of 1H, therefore the price must eliminate the level of 1.06070, otherwise we can continue to see Bearish continuations, taking the price back to the Demand zone, thus eliminating today's Low or Lows.
- Finally, we must also be on the lookout, since we could also be seeing manipulations of both the decreasing High Temp of 15M and the decreasing High Temp of 1H, since that would cause a false Breakup and elimination of the decreasing HIgh only in taking liquidity and then continue seeing the Bearish continuations that we mentioned beforente.
- Once the price eliminated the Low or lows of Asia on Monday, we see how at the same time the price touched both the Bullish trend line that is still in force, but also mitigated the Important Demand zone since it was the last one that the price left us before realizing all the Bullish momentum that we saw last week.
- After mitigating said zone and said trend line, the price since before the Pre and Opening of NY has remained consolidated, accumulating liquidity to possibly begin or begin its new bullish phase.
- If we look at what was mentioned yesterday, the price remained completely in continuation in Bearish setbacks to lower levels like what we mentioned before. If we see the High Temp of 1H we see that the key level to cause said change of trend in said temporality, it has not yet been eliminated.
- We also cannot forget that we also operate Scalping so it is valid to choose a CbdE in the Temp of 15M which is currently close to happening, which later on can allow us to be looking for an opportunity to enter into a purchase, looking for how minimum of High decreasing Temp Greater than 1H,
- Of course, it should be noted that what was mentioned above is for a Scalping type Operation, since to be operating Day Trading we would need to wait for a trend change in Temp of 1H, and then be looking for confirmations in Temp of 5M.
IMPORTANT:
- We cannot confirm that the previous secondary downward trend has been ruled out, since the decreasing High of the Temp of 1H is still in force, and until we see its elimination, we cannot validate that the decline in the price has ended. Regarding the major trend that clearly remains Bullish.
- We can also observe as we mentioned before that after mitigating both the demand zone and the bullish trend line, the price was also not leaving a bearish trend line which has already been eliminated, which gives us a good sign that The price is already beginning to react in search of starting its new possible Bullish Impulse.
- We also see how in Temp of 5M the price already made a (CbdE) change in trend, so now we may be looking for a scalping type operation, if the price falls back to key levels such as the intermediate zone or the zone of start since said mini bullish impulse began.
EYE:
- The key levels that we have to take into account for Today's Purchases if this scenario occurs would be the following:
1.05930 - To confirm the (CbdE) in the Temporality of 15M.
1.06070 - To confirm the (CbdE) in the Time of 1H.
1.06188 and 1.06290 - These would be key levels to watch if the price eliminates the 2 levels mentioned above.
- For Higher objectives we would have to take into account much higher levels such as those located between 1.06634 - 1.06745 - 1.6910 and 1.07060 - 1.07267
- If said Alcsita scenario does not happen, it means that the price realized the 2 different scenarios that we expected:
1- That the price did not eliminate the key level of 1.05930, so a Bullish CbdE never happened at least in Temp of 15M, which would leave us with the Still Bearish vision in the price for Today.
2- That the price eliminates the key level mentioned above and causes a bullish CbdE in Temp of 15M, BUT that it never eliminates the key level for the most important CbdE, which would be the Temp of 1H, therefore the price must eliminate the level of 1.06070, otherwise we can continue to see Bearish continuations, taking the price back to the Demand zone, thus eliminating today's Low or Lows.
- Finally, we must also be on the lookout, since we could also be seeing manipulations of both the decreasing High Temp of 15M and the decreasing High Temp of 1H, since that would cause a false Breakup and elimination of the decreasing HIgh only in taking liquidity and then continue seeing the Bearish continuations that we mentioned beforente.