- Strong JPY against the weak USD is noticeable with the IMB shift by the 1hr Extended Range Candlestick on 13/12/2023.
- 3RR TP1 confirmed at price 140.957 closing 1hr candlestick 14/12/2023 0600hrs GMT-3.
- Significant Support Resistance (Flip Zone) glares at 144.958.
- BMS confirms confluence marking our Tp2 at the price 140.254 28/12/23.
- Liquidity void...
BMS confirmed at 1.26121 giving us new support for confirmed uptrend.
Using our fib from swing low at same level 1.26121 to swing high at 1.27944.
Confirmed price correction to retracement levels of our key point 0.618% fib level at 1.26817.
Previous resistance at this level now our certain support for continued uptrend before price action.
Level our stop loss +...
- At Price $1935 Demand Zone was confirmed end of May Tue 30th 0900hrs ( GMT +3).
- Mon 5th last week , a Risky Entry triggered in the Liquidity Void with two bullish impulsive candlesticks .
- Wed 7th 1700hrs - 2300hrs (GMT +3) price retraced to Confirm Entry on Thur 8th 0100hrs ( GMT+3)
Following, Tps Hit $1959.40 & $1969.78 respectively
-...
- Liquidity Void (elongated candlestick - Mon 5th 1700hrs created
- Liquidity Void filled on the Demand Zone with an entry confirmation at 1.06700.
- At 1.07010 BMS (Break Market Structure) confirmed
Tps 1.07145, 1.07397 & 1.07790 hit
Re-cap EU
- Liquidity Void (elongated candlestick - Mon 5th 1700hrs created
- Liquidity Void filled on the Demand Zone with an entry confirmation at 1.06700.
- At 1.07010 BMS (Break Market Structure) confirmed
Tps 1.07145, 1.07397 & 1.07790 hit
By choosing a 4hr time frame , I notice a downtrend as on the chart with candle closing at the value of ( C 42140.0) on 21st/APR/2022 at 1500hrs (utc+3 Riyadh). This trend is reversed as explained below;
* The price range percentages indicated from the support level (purple colored rectangle)express the price movement of the higher
lows down the trend.
...
