the Zone Area 1.08716 - 1.08459 is a valid demand zone to anticipate a short-term Buy to a target around 1.09349 or 1.09443
Note: if the low of the zone 1.08459 is taking out the short buy is Invalid.
With bitcoin nearing the 25k marks this represents a pivotal area for the cryptocurrency.
As the price of BTC broke through the 1D 200EMA for the first time in almost 12 months, BTC has retested the moving average as support and confidently reacted off that level pushing up higher. However, this lands BTC in the tricky position of being just under the 1W 200EMA...
Hey traders, here is the analysis for the EURUSD on the monthly chart. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
Provided QM/CL Futures continues to FLOW in it's current behavior, price action is projected through use of Median Lines and principles of expansion and contraction, supply and demand
