We’re still waiting for a trend reversal on H1. Sells were end and there are no grounds for new ones. Retail Sales coming today. Pullback from the levels below 1,0840 and breakout of a previous top, will confirm a reversal. Meanwhile we’re heading towards crosses and waiting for a confirmation on the major instruments.
Hey traders, Today we are keeping an eye on NAS as it is on the verge of breaking out, US30 has already broken out according to my alalysis which is SMT divergence, a good breakout is expected today as we have NFP release in about 3 hours. There will prpbably enough liquidity to move the market. If you like my analysis drop a like and leave a comment. ❤ Cheers!
Yesterday, we talked about a possible move up on EURUSD Today, we have better entry levels which also means a better risk to reward ratio. That also gives us extra confluence for an entry and we can use a more aggressive stop loss. We're expecting to see EURUSD heading towards 1,0900. We will observe price action on a daily basis.
ETH rejected from $3400 in the first attempt but now trading above it. This is a good sign and the next major resistance is the $4000 area. The local resistance is $3600 and $3800 and we may see a small pullback from there. The support, for now, is $3350-$3400 area. Analyzed by Hossein 📅 04.03.2022 ⚠️ (DYOR)
Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Don't be confused Choose Volume and it's perfect lambo buy with proper stop loss which suit your trade size