If this happens it's an indication of an hangman reversal once said low breaks it has a chance of falling to 170.00 flat.
This will only apply if bulls fail to break 183.
A bullish close above 184/184.25 will indicate liquidity grab or a start on trend resumption.
Trend Is downward MN we in the middle almost and the only thing holding this bearish view is 197.
191-192 is an initial target for bulls holders that been doing it since 2019-2020 COVID.
People talking of money becoming eventually a digital currency although we should not it's been like that anyway since we trading it. Does this crisis they brought out for he last three to four years have an impact on money value once again and bank staying open to do business and not vanish with people's money as 2008 recession had a dent on investors pockets, people losing jobs and Asset$(house's cars etc).
This year we've been climbing but everytime we trade against it it has these sharp falls. As investors panic or take profits.
Rsi shows we are at a high so does this mean it's in a long lasting trend or we should look for divergence forming. I feel like soon in a year or two we'll have to sell again due to the pounds wanting to keep it's relevance against competitors kwd(Dubai African lands).
181-180.8 is target.
Intialzone of target was 180/178.
Break of important zone if so
177.2-92
=170-169.482
If 197 holds in future with 200.00
=Tp 140/125
This will only apply if bulls fail to break 183.
A bullish close above 184/184.25 will indicate liquidity grab or a start on trend resumption.
Trend Is downward MN we in the middle almost and the only thing holding this bearish view is 197.
191-192 is an initial target for bulls holders that been doing it since 2019-2020 COVID.
People talking of money becoming eventually a digital currency although we should not it's been like that anyway since we trading it. Does this crisis they brought out for he last three to four years have an impact on money value once again and bank staying open to do business and not vanish with people's money as 2008 recession had a dent on investors pockets, people losing jobs and Asset$(house's cars etc).
This year we've been climbing but everytime we trade against it it has these sharp falls. As investors panic or take profits.
Rsi shows we are at a high so does this mean it's in a long lasting trend or we should look for divergence forming. I feel like soon in a year or two we'll have to sell again due to the pounds wanting to keep it's relevance against competitors kwd(Dubai African lands).
181-180.8 is target.
Intialzone of target was 180/178.
Break of important zone if so
177.2-92
=170-169.482
If 197 holds in future with 200.00
=Tp 140/125
