BIAS: SHORT AS PER BELOW ANALYSIS
Bullish Indications:
1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr.
2) Support @ 1.06390 & 1.05050.
3) Bullish Engulfing - 1 Hr
Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest.
Bearish Indications:
1) Resistance @ 1.07868
2) Bearish Harami + Hanging Man - 4 Hr
3) Rising Wedge
4) Bearish Divergence - 1 Hr
Note: Take a Short entry after Support @ 1.06390 is broken and respected at retest. Additional Short opportunity if Price breaks the Support of Rising Wedge and respecs it at retest.
Thank You!
Bullish Indications:
1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr.
2) Support @ 1.06390 & 1.05050.
3) Bullish Engulfing - 1 Hr
Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest.
Bearish Indications:
1) Resistance @ 1.07868
2) Bearish Harami + Hanging Man - 4 Hr
3) Rising Wedge
4) Bearish Divergence - 1 Hr
Note: Take a Short entry after Support @ 1.06390 is broken and respected at retest. Additional Short opportunity if Price breaks the Support of Rising Wedge and respecs it at retest.
Thank You!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.