bibsz

bibsz

for now imma leave my idea here, and in 5 hours analyze it again because it's not doing much for now but for now; break upside 40k on SOS; next target 45k & 50k if break downside 35k on a SOW; next target 30k

bibsz

as long as it hold the 37k-38k

bibsz

Expecting a slight test back to the 30k-32k zone. Before it move up again

bibsz

I expect another test of the 1900 area as I se a re-accumulation forming. Going to post about it in the morning

bibsz

Long-term, demand has been in power since March 2020. To switch a trend that has been moving up on demand power for such a longtime, price would have to go through a distribution cycle, with a stop in action in the first place. It did make a some sort of stop in action on the 1st February when it did reach the 0.74-0.75 and I expect another test toward it...

bibsz

Major supply trendline have been present since December 2016, when it touched the 116. area. For after touching this trendline many times showing signs of demand absorption and supply presence. Price have reached the area of the upper trendline and have been failing to break upside of it since the 26 April, so i would only consider a serious buy it if we would see...

bibsz

would likely test back 90.500 before going back down again

bibsz

Which is one of the signs and confirmationS why I expect the U.s pairs to go down and the ones that move opposite to it to go upper

bibsz

If it breaks under the orange area,I would start looking for a sell entry. But for now it is showing demand power, ever since sept. 2019. Gonna post about the anatomy if a ré-acummulation in my next idea. In the bigger time-frame we can see that demand has been in power moving in harmony with price action since May 2020.

bibsz

going to post the whys on the morning

bibsz

if when it retraces to the 155. area it shows absorption of supply, I will look for a buy position. As a secure take profit I would aim at the secure target of 156., but long term I have in mind that I will go up to 160.-162. long term. How? why? , well for started, demand has been in power since September 2020, accompanied with price making HH breaking level on...

bibsz

well for started demand has been in power since May 2020,so for it to calm down it will need to go through a distribution cycle, or at least show some types of stop in action. Price is makin HH on demand in power and is printing a bullish engulfing candle this month, which is also one of the many reasons I see it go to 1.43 long term

bibsz

In the title, or refers to old ideas

bibsz

If breaks under 1903 on considering supply, my next target gonna be around 1890-1892. If it maintains 1904, i would carefully have around the 1910 area as next target. Gonna let the market do its opening and see where it is in a few hours

bibsz

it has been struggling to break upside 2.50 since December, its gonna go back to 1.90 before moving more up. and then gonna have to see what sup at 1.90 if it goes back there

bibsz

into a re-accumulation part of the cycle, but not ready to go up yet. Posting in not long about it

bibsz

We into the retracement of buy ( long term ) cycle, which means a re-accumulation would happens before it starts moving upward seriously again. On the daily supply is still pretty heavy, which tells me more absorption of it have to happens and a spring ( move downward on steroid) is even a possibility to happens right now, which means price would go test lower...

bibsz

unless price make a move upward on a SOS, i still expect it to go to 30k-32k.