Due to the possible reaction to this range, the price can reach a low level. We have two scenarios after the fall. 1: Growth 2: More shedding Personally, I know more about the possibility of more falls
Due to the possible reaction to this range, the price can reach a low level. We have two scenarios after the fall. 1: Growth 2: More shedding Personally, I know more about the possibility of more falls
Worst case scenario in this coin it going to retest 0.55
Watch carefully the last supply. If it reject means it going lower to 140
Forecast is strong bullish til QML H4. Becareful if QML H4 (FTR) break, it means it going up til QML daily. TAYOR Follow Money Management
Flag limit was holding the price up. After a fakeout market has enough potential to bring the price down and break the flag limit.
CANDLE HV BREAK PREVIOUS LL.CONFRM FOR DOWNTREND MOVEMENT.
Look for Eurjpy to retest the lows and go for the long. Good risk reward. Euro looking bullish still.
I have highlighted some key arias and where a couple different trades can be made. I have also shown where and why previous reactions happened.
These are Flag Limits i have marked that if hit should create a bounce or even a larger move down.