As we can see on the chart, the market is ranging i.e. the market is in consolidation. Price just hit the supply zone within (1.84105 - 1.85300).
Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell.
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Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.