on Thursday 28 oct.21 price showed several rejections on a bullish trendline acting also as resistance , price failed to form a full OHLC candlestick indicating breakout or even close above the trendline. bullish momentum came into play and the instrument pushed to the downside. currently price is reacting to a liquidity pull and is showing of an overarching trend , from my analysis i am waiting for the market to playout a continue it reversal to daily supply peak @ 0.74872 where I will be shorting the currency major pair . further confirmation for the short is that at the peak we have a retracement level 0.5 (50%) taken from swing high 0.75555 to swing low 0.74195. targets for order will be on the top of a 4HR order block.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.