200mva
Price still below 40000 which buyers are targeting to reach 42000
1.3400 interest zone many buyers
1'3000 below may see deeper pullback to 1'25000/1.26200
1.23 support mn, targeting 1.42
Below this 1'18100 stands
If price makes any bearish harami or a hammer it may tank
My reasoning
Stimulus checks
Country recovery couldn't maintain or surpass current covid crutch
Interest rate cuts
Bullish mn
Everything's seems bullish but mn seems to have bearish biash as long 1'60/1.50000 holds down price from rising further
Since 2007 its been a a sell with Theresa May. New Minister need to pull tricks out their arse like new guy after Boris Johnson
1.3400 interest zone many buyers
1'3000 below may see deeper pullback to 1'25000/1.26200
1.23 support mn, targeting 1.42
Below this 1'18100 stands
If price makes any bearish harami or a hammer it may tank
My reasoning
Stimulus checks
Country recovery couldn't maintain or surpass current covid crutch
Interest rate cuts
Bullish mn
Everything's seems bullish but mn seems to have bearish biash as long 1'60/1.50000 holds down price from rising further
Since 2007 its been a a sell with Theresa May. New Minister need to pull tricks out their arse like new guy after Boris Johnson
Note
Finally the entry was right
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.