Price is currently In a Range between 1.0952 and 1.0988 on the 4Hr. We have extreme short term prices at 1.10. We have multiple wicks here and we can bet probably that there will be a downside reaction for
bears after we hit this area. It is also a psychological area for everyone on all TF's. Hawkish remarks by Fed recently don't necessarily appear to have drastic short term consequences but we may quickly have that answered as we begin the new week. We have price funneling up on the line chart on our intradday charts. We have alot of free liquidity waiting to be realeased if we can close and hold above 1.10 extreme prices//psychological area. 1.0871 is weekly target frr bears, the next daily zone below prev strucutre
bears after we hit this area. It is also a psychological area for everyone on all TF's. Hawkish remarks by Fed recently don't necessarily appear to have drastic short term consequences but we may quickly have that answered as we begin the new week. We have price funneling up on the line chart on our intradday charts. We have alot of free liquidity waiting to be realeased if we can close and hold above 1.10 extreme prices//psychological area. 1.0871 is weekly target frr bears, the next daily zone below prev strucutre
Comment:
Caught buys this morning with a continuation at 7am and London Close
It was straight forward anticipating this move as we had clean traffic and free bull liquidity once we got above and closed above there on the 4hr 1.102
It was straight forward anticipating this move as we had clean traffic and free bull liquidity once we got above and closed above there on the 4hr 1.102
Comment:
Price has Reached 1.1058 and may now
anticipate a reaction to the downside with profit
taking and for liquidity purposes
anticipate a reaction to the downside with profit
taking and for liquidity purposes
Daily Level. We mentioned that once we arrived to these prices that we will have
Bull liquidity and clean traffic up to the next Level. Looking for a
continuation with the new 2 hour candle