We are deep inside a Monthly SUPPLY/SELL zone with a strong resistance located @ 0.71 thus now is a good time to start to look for a sell signal for a move down to test the newly formed WEEKLY DEMAND/BUY zone starting at the 0.66 area.
What I expect to occur over the next period is maybe a spike up to test the 0.71 the market may spike above it as could be an area where there may be some liquidty, I will wait for my TRFX indicator to give me a signal on a chart between 6hr and daily chart only then will my sell trade to be confimed.
Once in the trade we should get an easy drop down to the 0.68 level which was a previous HIGH in the current uptrend this is the first easy target for the position second target will be the weekly DEMAND/BUY zone this will also be a good area to look to buy this pair again for a move up towards the 0.73 area.
Enjoy
What I expect to occur over the next period is maybe a spike up to test the 0.71 the market may spike above it as could be an area where there may be some liquidty, I will wait for my TRFX indicator to give me a signal on a chart between 6hr and daily chart only then will my sell trade to be confimed.
Once in the trade we should get an easy drop down to the 0.68 level which was a previous HIGH in the current uptrend this is the first easy target for the position second target will be the weekly DEMAND/BUY zone this will also be a good area to look to buy this pair again for a move up towards the 0.73 area.
Enjoy
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。