Well hello folks, hope you are well, it's been a few days. Amirali here with a new set of analyses.
As you can see in the Hourly chart of EURUSD, it has yet again failed to go through and above the 4H Bearish Breaker, and has dropped from 1.1685 all the way to 1.1641 level, sweeping the minor sellside liquidity there and bounced back from there. It is currently being traded at 1.1647.
I expect EURUSD to go towards the June 1st NWOG to retest it and retest the Bearish Breaker once more. If EURUSD manages to stabilize above the 1.1658 level, it can break above the June 1st NWOG High and then go towards the 1.1670 resistance level. If it breaks above this resistance as well, I expect it to go for the 1.1685 level to both break above the Bearish Breaker and sweep the liquidity pool above there.
In the meanwhile, if Fiber fails at retesting the NWOG and stabilizing above the 1.1658 level, it can drop back again towards the May 26th NDOG and May 25th NWOG High. Should it fail to bounce back up from there, it'll drop further towards the 1.1625 level to sweep the liquidity below there.
As you can see in the Hourly chart of EURUSD, it has yet again failed to go through and above the 4H Bearish Breaker, and has dropped from 1.1685 all the way to 1.1641 level, sweeping the minor sellside liquidity there and bounced back from there. It is currently being traded at 1.1647.
I expect EURUSD to go towards the June 1st NWOG to retest it and retest the Bearish Breaker once more. If EURUSD manages to stabilize above the 1.1658 level, it can break above the June 1st NWOG High and then go towards the 1.1670 resistance level. If it breaks above this resistance as well, I expect it to go for the 1.1685 level to both break above the Bearish Breaker and sweep the liquidity pool above there.
In the meanwhile, if Fiber fails at retesting the NWOG and stabilizing above the 1.1658 level, it can drop back again towards the May 26th NDOG and May 25th NWOG High. Should it fail to bounce back up from there, it'll drop further towards the 1.1625 level to sweep the liquidity below there.
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Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน