Strong Long Term and Short Term Bearish
This pair is experiencing Bearishness across all major timeframes. On the Monthly, Weekly, Daily, 4 Hour, as well as on the 1 hour timeframes, the trends are all Bearish.
On the 1 hour and 4 Hour timeframes, we have seen price, on the Bearish swing, come into our zones adn from there progress towards our liquidity targets.
The 1 hour and 4 hour swings are expected to complete soon, with prices hitting the various liquidity targets as shown on the chart.
At that point, a reversal would be expected, followign which we will expect lower prices to drive us towards the liquidity targets of the larger timeframes
On the 1 hour and 4 Hour timeframes, we have seen price, on the Bearish swing, come into our zones adn from there progress towards our liquidity targets.
The 1 hour and 4 hour swings are expected to complete soon, with prices hitting the various liquidity targets as shown on the chart.
At that point, a reversal would be expected, followign which we will expect lower prices to drive us towards the liquidity targets of the larger timeframes
Trade closed: target reached:
This pair played out according to our prediction.
We witnessed prices drop all the way to hit our 1 hour liquidity target. Market came very close to our 4 hour target but reversed Bullish.
On the 1 hour chart, the market has reversed Bullish. But on the 4 hour, we are still inside our Bearish swing and our liquidity target is maintained. Prices are expected to witness another drop to hit the 4 hour target, after which we would expect a major bullish reversal.
This pair played out according to our prediction.
We witnessed prices drop all the way to hit our 1 hour liquidity target. Market came very close to our 4 hour target but reversed Bullish.
On the 1 hour chart, the market has reversed Bullish. But on the 4 hour, we are still inside our Bearish swing and our liquidity target is maintained. Prices are expected to witness another drop to hit the 4 hour target, after which we would expect a major bullish reversal.
