INTRADAY IDEA
⭐️ Weekly: on a weekly prospective what we can see is that the price is breaking structure to the downside. The last break was at 1,5680 and now the price is reaching the first target (-27,20% Fibonacci's level) meeting the 1.54000 weekly level.
⭐️ Daily: price is creating a clear sequence of lower highs and the last one has been created on 61,8% level of Fibonacci. The move is already started but we can try to find a reentry for the possible continuation.
⭐️ H4: here the price has created a lower high on 71/78% Fibonacci's zone HL-HL and there is the possibility that in the next hours it will create another lower high on 71/78% Fibo's level that also meet the 61,8% Fibo's level of the first movement and also meet a H4 imbalance level.
⭐️ H1 : here what we can do is to adjust Fibonacci's retracement and make the zone more precise.
NEWS TO CHECK:
🐂 10:30am EUR Sentix Investor Confidence
Have a good week guys, stay safe
🙏🏼 Namasté
⭐️ Weekly: on a weekly prospective what we can see is that the price is breaking structure to the downside. The last break was at 1,5680 and now the price is reaching the first target (-27,20% Fibonacci's level) meeting the 1.54000 weekly level.
⭐️ Daily: price is creating a clear sequence of lower highs and the last one has been created on 61,8% level of Fibonacci. The move is already started but we can try to find a reentry for the possible continuation.
⭐️ H4: here the price has created a lower high on 71/78% Fibonacci's zone HL-HL and there is the possibility that in the next hours it will create another lower high on 71/78% Fibo's level that also meet the 61,8% Fibo's level of the first movement and also meet a H4 imbalance level.
⭐️ H1 : here what we can do is to adjust Fibonacci's retracement and make the zone more precise.
NEWS TO CHECK:
🐂 10:30am EUR Sentix Investor Confidence
Have a good week guys, stay safe
🙏🏼 Namasté
Trade closed: target reached