As predicted, price went all over to 1.0650 to neutralize 15min imbalance order block having and immediate reaction. It is expected to climb to 1.0711 to collect first profit.
We are just buying a pull back. On higher time frame we can see bearish pressure, once price hit 1.0711 we should look for any bearish reaction if price goes over this supply zone expect...
As we can see the eur seems to be the strongest against the usd, we can also suport this because it is on a uptrend therefore we should be buying as long as it doesnt break structure in this case valid structure to be consider for a change in trend and start selling is the (1.1860) this level is key .On the otherhand the high of past friday (1.1930) is consider...
hello out there!! As always this is my humble opinion, here we can see how this pair had a small retracement respecting fibo lvl 38.2% as expected,and clearly we can see that a new trend line has been form.Sellers are not relevat as this point due to the fact that theres high momentum this can be supported by the mac which is close to its signal line but both are...
well team first of all this is my humble analysis of this pair...i most of the time use the macd as a guideline to enter the market,obviously supported by other technical analysis. In this case my prediction to this pair is that it has run out of fuel therefore we can clearly sea the consolidation plus the signal line crossing over the macd line. For a better...