How Does it Work:
A likely scenario is proposed for today, and the probability of achieving this scenario according to technical analysis may be between 60% and 75%, but if the first scenario fails, here the probability of achieving the second scenario becomes between 60% and 75%.
The preferred scenario fails when the price reaches the level of the alternative scenario condition, and immediately gets triggered and cancels the prediction in the preferred scenario.
These reports are not considered a substitute for the trader's decision, but rather an aid to the follower in making his own decisions, as a reference based on the origin of classic technical analysis.
First scenario: rise to 1.1250 zone if the price holds above 1.0950
Second scenario: fall to 1.0835 if we get a bearish sign on 1h time frame below 1.0950
First scenario: fall towards 1.2600 if the price holds below 1.2750
Second scenario: retest for the daily trendline on 1.2900 if the 4h candle closes above 1.2750
First scenario: fall towards 1901 if the 4h candle closes below 1914
Second scenario: if the price holds above 1914, the price may move towards 1930.
First scenario: rise towards 35700 if the price holds above 35100
Second scenario: if the 4h candle closes below 35100, this could trigger a fall towards 34500
First scenario: rise towards 84.7 level if the 4h candle closes above 83
Second scenario: fall towards 80 if the price holds below 81.5
The analyzes and opinions contained in this report are not binding and are not considered recommendations to sell or buy, and the company is not responsible for the decisions and choices of the investor, and the aim of this report is to publish general information through technical analysis.
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