Seeing a accumulation cycle brewing , and would need a break upside 1.157 & light supply when it does to confirm that we are in fact leaving the cycle, and start aiming at 1.25.-1.35 as next target area. But as for now, as I see it only being into the phase C of the cycle, I would expect more testing of the 1.02-1.05, testing the spring, as next movement. And test of the it on light supply would mean a successful spring, and that next could give some nice LPS’s opportunities.
4hours
Weekly
Monthly
Price will be updated as it moves more, and give more sign of the supply/demand weight.
4hours
Weekly
Monthly
Price will be updated as it moves more, and give more sign of the supply/demand weight.
Comment:
break upside 1.157 unfolding as predicted
Comment:
1.18-1.19 on light supply could give another good entry
Trade closed: target reached