Hey there! As you can see, the price is currently trading within the range of 1.22. In the 4-hour timeframe, here's a scenario to consider: The price may continue to exhibit positive fluctuations as it approaches the liquidity gap. Following this, after a minor correction and, upon confirmation, as well as renewed liquidity accumulation, we could potentially witness further price growth towards the resistance levels at 1.22700 and the price range of 1.23. Potential trends in the chart above have also been highlighted.
Moreover, if the price falls below the LOW1.21 range and consolidates, there's a possibility that the outlined scenarios may not materialize.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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Moreover, if the price falls below the LOW1.21 range and consolidates, there's a possibility that the outlined scenarios may not materialize.
✨What's your opinion? Do you agree?
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Follow Your Own Trading Plan!
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In the 4-hour timeframe scenario, if we see a break above 1.22200 with confirmation, we may anticipate further price growth toward the specified resistance levels, as shown in the above chart. On the other hand, if the price dips below the range of 1.21 / 1.20300 and holds below, there's a possibility of a more significant correction to consider.
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌