TREND:
WEEKLY: Bullish
DAY : Bearsih
4HR : Bearish.
Scenario1: This market in the monthly chart is on the strongest bullish momentum so there`s a possibility for having a continuation but that it will be confirmed by a higher low then for me that`s another bullish momentum continueing.
Scenario2: I really expect to have a lower high then for me it...
TREND:
Monthly: bullish
Weekly: bullish
Daily : bullish
4H : bullish
Scenario1: This pair it`s on the highest price which it have ever obtained in the last few years, so it is possible for having a continuation to the upside but , the way it is I see as if there`s now there`s high probability ro the downside as the investors say sell the highs and buys...
Unfortunetly this pair it made a temporary change of direction after a fakeout near 135.500, so the market went back to 137.000 so for me it confirmed that there`s still a momentum to the downside as the market tested 137.000 twice.
Scenari 1 : I expect a to have a break of 136.000 then get a retest on that zone for me it will be confirmed trend to the...
The market formed a double top on the 4hr chart so , as the market has tested that area I think that there`s going to be a break of the structure or double buttom because the 4hr minor zone changed the direction completly .... So basically this is nuetral I will only take the message from the market.
On this pair I expect short moves since it formed a double top formation .
Scenario 1: I expect to get to 162.500( TARGET)
Scenario 2: If the short moves doesn`t play out then I expect a higher low at 164.100
I am basically in a short position , because this pair currently it`s on the highest point\price. So I think that this pair is going to short heavily.
Scenario 1: So basically I am looking for consolidation on 125.000 then continue to the downside.
OR
Bouncing back to 125. 673 then get a official downside...
I made this mostly for people who would like to trade but don't have enough time to stay on charts for too long , so I have made to meet their requirements by analysing the Weekly charts so that the could hold trades while at school or at work
