Hello Traders, This is a screenshot of my Analysis on this Pair. ( Link to Previous Analysis are Below )
We can observe these facts from Price Action.
1. On the Monthly Timeframe we have a strong Bullish Environment.
2. On the Weekly Timeframe, Price is creating a second Bullish Wave.
3. On the Daily Timeframe, we can see Price creating new Demand Levels to Support a Potential Bullish Run.
From these Facts, I will be monitoring Price Action on the lower Timeframes for Potential Trading Opportunities if Price Closes above this Supply Zone.
We can observe these facts from Price Action.
1. On the Monthly Timeframe we have a strong Bullish Environment.
2. On the Weekly Timeframe, Price is creating a second Bullish Wave.
3. On the Daily Timeframe, we can see Price creating new Demand Levels to Support a Potential Bullish Run.
From these Facts, I will be monitoring Price Action on the lower Timeframes for Potential Trading Opportunities if Price Closes above this Supply Zone.