Bigger TF: Sideways
Lower TF: Uptrend
price near higher low, forming a base / compressed pattern (will it bearish / bullish?)
long after significant reversal pattern after touching demand zone.
if price break higher low line, find retracement and entry short
There's no 100% accurate prediction & strategy. Force majeure &...
Uptrend, Waiting forming Lower Low to demand zone. Patience is the key.
no 100% prediction & strategy will be accurate. force majeur & institutional trader action maybe happenned. please use your money management well.
Near price is holding at 5.7$ of fibonacci level of 0.236. Breaking down gets as to the lower levels of 2$. In my opinion price will hold 5.7$ for few days from now. For Sunday price 5.7$ is my prediction
The explanation for a short-term trade:
We can see 2 clear action prize zones (white) based on pure price action analysis we have 2 possible outcomes:
Buy (green path) : the safer way to trade that price action zone is to wait for a pullback to the zone and the buy long when the price goes above the previous daily green (bull) candle close.
Targets: first TP...