PRICE REJECTION FROM DEMAND ZONE AND .382 FIB LEVEL. THERE IS DIVERGENCE ON LOWER TIME FRAMES SO I WENT LONG.
Theres a .618 retracement visible, price at a demand zone, and divergence on H1 and below. Price is also respecting/bouncing off the Daily TL as support! Taking this up near the 1.49275 point.
PRICE IN DEMAND ZONE.
DIVERGENCE ON H1.
PRICE IN A SUPPLY ZONE.
DIVERGENCE ON THE H1.
Supply zone, divergence on Cci, B&C below CTL, 3 touches to the Daily TL
Supply zone, divergence on CCI, DXy confluence.
Retest to the Daily TL, major resistance level.
Respect to Daily TL, price rejection away from power zone.
- expecting B&C below CTL.
B&C below the 4H TL, retest to the high and power zone, and fail to close above it.
Bounce off the Weekly ascending TL, B&C above the 4H TL.
Touch to the Weekly ascending TL, price rejection in power zone, and DXY index. Expecting price to stutter and terminate at 0.97840
B&C BELOW TL
B&C ABOVE TL
B&C BELOW TL + RNK
CTL B&C BELOW
B&C BELOW TL, HEAD AND SHOULDERS