Hello guys!
The chart is shaping into a classic three-drives pattern.
We already saw the first drive and the second drive, complete with similar extensions.
Now, the market seems to be setting up for the third drive lower, which could push the price into the 0.000110 – 0.000115 area.
If this structure works out, that zone may provide a potential reaction or reversal point. For now, momentum remains bearish until the third leg completes.
Plan:
Bearish bias short-term, looking for the next drive to the downside.
The chart is shaping into a classic three-drives pattern.
We already saw the first drive and the second drive, complete with similar extensions.
Now, the market seems to be setting up for the third drive lower, which could push the price into the 0.000110 – 0.000115 area.
If this structure works out, that zone may provide a potential reaction or reversal point. For now, momentum remains bearish until the third leg completes.
Plan:
Bearish bias short-term, looking for the next drive to the downside.
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.