Price Altitude: Middle Daily Trend: Down 4H Trend: Up Analysis: Daily demand is in control with a strong retrace up yielding a 4h uptrend. Note the move up is realigning with the higher timeframe downtrend. Prediction: Continue its way north to realign with higher timeframe supply. Price Points of Interest: 4h Supply inside daily @ 0.74193 4h...
Price Altitude: Middle Daily Trend: Down 4H Trend: Range Analysis: Daily demand is in control. Price bounced off and is slowly grinding its way upward. Expecting much whipsawing. Prediction: The move higher is very choppy and slow. I expect to see a range bound environment until a break higher or lower occurs. Price Points of Interest: 4h Supply...
Price Altitude: Middle Daily Trend: Down 4H Trend: Up Analysis: Daily demand is in control. Price bounced off it and is heading upward to realign with the higher timeframe down trend. Prediction: Continue retracing upward until there is a re-alignment with the higher timeframe downtrend. Price Points of Interest: 4h Supply @ 1.4405 4h Supply @...