Hello Traders!
The daily and the 4h candle closed bullish today.
we might see a retracement back to either 1990 or 1982 levels for an upward move.
If both these levels hold we can see an upward movement towards 2020-34 levels.
Trade Safe!
The daily and the 4h candle closed bullish today.
we might see a retracement back to either 1990 or 1982 levels for an upward move.
If both these levels hold we can see an upward movement towards 2020-34 levels.
Trade Safe!
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15 mins timeframe.
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Bearish rising wedge on 5 mins chart.
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1st TP done. break of 1990 will take it down further to test the 4h Lower low. 1982
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TP2 done for 1982.
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Looking back for target of 1991 if it breaks to the upside then we will be in the right direction, 4h correction will be complete and price will head back to retest the previous highs.
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price almost touched 1991, will see how the price reacts at this level.
1h closed bullish if the next 1h candle breaks above 1990 then next target is 1989-2000. else we are going down.
1h closed bullish if the next 1h candle breaks above 1990 then next target is 1989-2000. else we are going down.
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As you can see the price broke 1990 level and then it hit our target of 2020.