LETS START 2021 OFF WITH A BANG GJ ANALYSIS VIA HIGHER TIMEFRAME
AshFX is back in action ready to smash 2021, hope you all had a great Christmas and new year!
So looking at the higher timeframe we can see price did break out of a daily key zone, we closed above the level with strong bullish candles.
We have a H4 resistance level highlighted in grey, we had a break and retest on this level on the H1 timeframe.
I believe momentum is to the upside and we could target the 141.800 area maybe even higher.
All this being said it really depends how the market opens and what the London session is looking like come Monday morning, price action is king after all, i will trade what i see not what i think.
CONSIDER FOLLOWING THIS PAGE FOR TRADE IDEADS THROUGHOUT THE YEAR,
BEFORE YOU GO MAKE SURE YOU CHECK OUT THE BOTTOM OF THIS PAGE!!!
Good luck, stay blue,
Ash.
So looking at the higher timeframe we can see price did break out of a daily key zone, we closed above the level with strong bullish candles.
We have a H4 resistance level highlighted in grey, we had a break and retest on this level on the H1 timeframe.
I believe momentum is to the upside and we could target the 141.800 area maybe even higher.
All this being said it really depends how the market opens and what the London session is looking like come Monday morning, price action is king after all, i will trade what i see not what i think.
CONSIDER FOLLOWING THIS PAGE FOR TRADE IDEADS THROUGHOUT THE YEAR,
BEFORE YOU GO MAKE SURE YOU CHECK OUT THE BOTTOM OF THIS PAGE!!!
Good luck, stay blue,
Ash.