Hello guys , hope you're having a great weekend
As you we can see here there is two measured move , smaller and bigger one .
the smaller measured move targets reached and no signs from the bears yet on this level
a consolidation area between the buyers and the sellers , that tells me i'm looking for a break and retest to go long for the long term target
the benefits of using higher time frames like the weekly chart is awesome because it shows you the big picture of the pair
So now we can go to a lower time frames like daily and 4 hours to catch every pullback to our favor
trade with care .. good luck
As you we can see here there is two measured move , smaller and bigger one .
the smaller measured move targets reached and no signs from the bears yet on this level
a consolidation area between the buyers and the sellers , that tells me i'm looking for a break and retest to go long for the long term target
the benefits of using higher time frames like the weekly chart is awesome because it shows you the big picture of the pair
So now we can go to a lower time frames like daily and 4 hours to catch every pullback to our favor
trade with care .. good luck
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