J4M1EFX

J4M1EFX

Which scenario do you think is more likely?

J4M1EFX

Where do you think price is heading next and if bullish how high do you think it can go?

J4M1EFX

Which direction do you think price is heading over the next few weeks/months?

J4M1EFX

Chart based on the daily timeframe, overall market structure is bearish. Current price action also showing strong bearish momentum, will be looking for price to retest the broken zone before continuing the bearish move. Entries will be based off the 1hr/4hr timeframe. Current risk/reward at 3/1 with possibility to swing further towards 0.68795 as indicated.

J4M1EFX

Price has rejected current resistance on multiple occasions. I would expect some form of pull back given the recent bullish momentum. Would be looking to take sells on this pair as indicated.

J4M1EFX

Once it breaks that upper zone there should be a good opportunity to take buys