break 1.27 SOS sign retracement started
Price has held 1.25 since January and showed absorption of supply and demand presence, telling us that big interest are not interested in selling right now at all, and has not been since January.
so it's either it goes under 1.25 on SOW and I start looking for a sell entry, or it break upside 1.27 on a SOS ( can't disrespect the market saying it's sure, but if you know how to read the tape like yaaah know)
Target as a buy; 1.30-1.32 we could see get hit during NFP tomorrow morning
On the 4 hours price action be making HH on heavy demand and weak supply retest, as long this harmony remains, I look for long entries
so it's either it goes under 1.25 on SOW and I start looking for a sell entry, or it break upside 1.27 on a SOS ( can't disrespect the market saying it's sure, but if you know how to read the tape like yaaah know)
Target as a buy; 1.30-1.32 we could see get hit during NFP tomorrow morning
On the 4 hours price action be making HH on heavy demand and weak supply retest, as long this harmony remains, I look for long entries
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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.