This analysis is made on the 1h chart, the approach is more towards following the medium term trend of the pair. It is part of my day trading strategy and it will give a good overview and expectation of price movement for the following week.
That said, things can change and it might not continue the long trend for next week, and consolidation might be longer with wider range than expected. So use it as a guidance for week 50's movement. Hope you can benefit from this.
That said, things can change and it might not continue the long trend for next week, and consolidation might be longer with wider range than expected. So use it as a guidance for week 50's movement. Hope you can benefit from this.
