Already in a downtrend, bearish engulfing candle too signifying bearish movement, bearish market structure, breakout to the downside,
Its ddmhitting that demand zone. Indicators say we are over sold, bullish market structure, order book has to be balanced,
Alright so the trend is already go up which signifys growth, it also retraced almost to the 6.18 gib level congruent with with support line 99.01 price. So if we look at all this together with the news saying its going up and all the other ideas matching that which is sentiment analysis we can be confident.. The order book is balanced which will signal bullish...
Reaction to the support line, breakout, failed to breakout to the downside,
Reaction at mitigation line, bullish trend, 61.8 fib level reaction. Confluence with all three
Bullish market structure, honestly so tired so sorry for the lack of effort lol
Besrish trend. Bearish market structure. Reaction at the resistance line
Breakout of the the resistance line, bullish trend, reactivity of the support is 3x,
Rsi says that its still going down, as I said it looked exhausted, market structure looks bearish, doubletop formation
The bullish trend looks exhausted, we have a double top signaling bearish movement, we have a candle stick bearish engulfing candle and also a breakout to the downside
Creating bullish market structure, break of structure in the bull pennent, more to go for dxy
Broke through the 6.18 and resistance line, new bullish trebd
Double top, looks like on the rsi it says that its still going down after 50% being bought. We have a bearish trend as well, reaction of tgev6.18 fib level
Rsi indicated market being over bought, market structure indicates bearish movement, market is exhausted and now the its the sellers turn, failed to make a higher high and higher low
Breakout, start of new bullish trend. Reacting off the 6.18 fib level, failed to break the support line and is going up suggesting bullish movement
Bullish trend, made a higher lowas it reaction to the support line by the higher low, usd is weak and will continue to be weak, 4 ascending triangles, bullish caustic structure as well
Took liquidity at the top, made a lower high indicating bearish movement, two depending triangles, bearish candle structure as well with the liquidity taken take at the resistance line
Took liquidity on the bottom, order book was balanced so now we can keep buying,