The price action has aligned precisely with our previous projection, successfully achieving our designated target.
Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a continuation of the bearish trend towards 38660. Conversely, maintaining a position above this threshold suggests that the price will fluctuate within the range of 38820 to 39075.
The onset of a bullish trend is contingent upon breaking through the upper boundary at 39075, while a break below 38820 will signal the commencement of a bearish trend.
Pivot line: 38990
Resistance Prices: 39075, 39285, 39450
Support Prices: 38820, 38660, 38560
The movement range will be between support 38670 and Resistance 39285
Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a continuation of the bearish trend towards 38660. Conversely, maintaining a position above this threshold suggests that the price will fluctuate within the range of 38820 to 39075.
The onset of a bullish trend is contingent upon breaking through the upper boundary at 39075, while a break below 38820 will signal the commencement of a bearish trend.
Pivot line: 38990
Resistance Prices: 39075, 39285, 39450
Support Prices: 38820, 38660, 38560
The movement range will be between support 38670 and Resistance 39285
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
