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I took a little closer look at this, and the closer I was looking, the bigger the picture was needed, in the end 6 month chart was finally revealing what is going on. I would be only lookign at longs
6 MONTHS LONG:
I am expecting to break previous highs (1,07799) on 6 months and deeper penetration in supply zone.
1 MONTH LONG:
Here is a tricky part, I expect...
- W1 looks long from demand
- D1 looks a perfect red channel, and bouncing off nice s/r
- H4 positive RSI divergence, and I would like to break that s/r line thats seems to hold importance
- H1 nice red channel and black line resistance, so I would like to break red channel AND black dotted line and buy a retest