Just an update to my last post. Prices went higher as I anticipated
Weekly:Doji at key region. 100 wma plus Cloud supp
-Ha osc showing some divergence
-Rsi oversold
-Daily:Bearish ichimoku
-Prices met Kijun which is first resistance
-Still below 200 sma and 100 wma
4H:Prices broke cloud resistance
-RSI overbought
-Stoch showing some divergence
If risk off is name of the game, I expect prices to go to2.40-2.55 long term.
For now, 2.18 -2.2 is support zone.I'll see what happens here before potential trade setups
Weekly:Doji at key region. 100 wma plus Cloud supp
-Ha osc showing some divergence
-Rsi oversold
-Daily:Bearish ichimoku
-Prices met Kijun which is first resistance
-Still below 200 sma and 100 wma
4H:Prices broke cloud resistance
-RSI overbought
-Stoch showing some divergence
If risk off is name of the game, I expect prices to go to2.40-2.55 long term.
For now, 2.18 -2.2 is support zone.I'll see what happens here before potential trade setups
