Price has began Consolidating at a Known Pivot Point that hasn't been touched since 2020 and 2018. (Weekly Wicks/Buyer Exhaustion)
H4 shows Break of structure/Support to push down. Price is very choppy currently where it is. (Countertrending Break/ Support Break)
2 OPTIONS:
1. Price on H4 has already broken support and it now at NEW found Resistance but consolidated. IT will push DOWN!
2. Price may consolidate a Tad bit more before the down push. (Patience)
TP1/Projection: 1.20627
TP2/Projection: 1.20108
H4 shows Break of structure/Support to push down. Price is very choppy currently where it is. (Countertrending Break/ Support Break)
2 OPTIONS:
1. Price on H4 has already broken support and it now at NEW found Resistance but consolidated. IT will push DOWN!
2. Price may consolidate a Tad bit more before the down push. (Patience)
TP1/Projection: 1.20627
TP2/Projection: 1.20108
Commentaire:
SMASH BOTH TP's!!!!