CONFIRMACIONES 1.Zona de Oferta conformada por una consolidacion corta y bearish engulfing, confluyente con el 78% del fib. 1. Supply Zone conformed by a short consolidation and a bearish engulfing, also confluent with the 78% fib level
CONFIRMACIONES 1. zona de demanda en h4/ H4 Demand zone 2. Bullish engulfing confirmando patrón de continuación/ Bullish engulfing confirming continuation pattern 3. 78% fib
I think a drop will occur as we have nice zone with strong move and nice rejections.
If support holds price should move up to 1.2178 If support fails price should move down to 1.20929
waiting for a hit on the last resistance, for it to impulse and go up
price broke monthly key level and is rejecting demand further downside expected