11/11/23 WEEKLY TF - Weekly is likely bullish; three hills one mountain pattern hypothesis. - Good reaction to the upside that might confirm hypothesis. - However, there's no confirmation weekly is bullish yet. Cause internal structure is still bearish. - For weekly internal to be bullish it has to take out the high @1.09456 which will take sometime - Price is in discount zone and LONGS are likely
DAILY TF - Daily internal is bullish. Which facilitates weekly hypothesis. - However, price is in the premium zone - I will trade what i see but taking into consideration we are in the pull-back phase for bullish continuation. - LONG TERM speculations are as thus: - Price will be in PB phase till the 60% FIB level @1.06117 - Price might break this level and hit the 70% level.
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