On the 4 hour, we witnessed yesterday how prices retraced Bullish to come into our zone. This saw the 1 hour chart hitting its target price point and proceeding all the way higher to get to our 4 hour Panzy-Pips Block (PB) as marked out on the chart.
From this level, and with this look of bearishness, we expect prices to begin to melt and consequently witness a corresponding dip in prices. The market is expected to stay bearish as we target our 4 hour liquidity target at 1.20899.
Because it is the 4 hour chart, we would be expecting a good amount of swings on the lower timeframes of 1 hour and below.
From this level, and with this look of bearishness, we expect prices to begin to melt and consequently witness a corresponding dip in prices. The market is expected to stay bearish as we target our 4 hour liquidity target at 1.20899.
Because it is the 4 hour chart, we would be expecting a good amount of swings on the lower timeframes of 1 hour and below.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.