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: if a 4h candle closes above resistance 1.0982, price may hit 1.1040
Second scenario: fall towards 1.0860 if price closes below 1.0930
First scenario: fall towards support 1.26 if price closes below 1.2670
Second scenario: bullish move towards 1.2760 if price closes above 1.27
First scenario: bearish move towards 1903 zone if price holds below 1920
Second scenario: rise towards 1930 if price breaks 1920 to the upside
First scenario: upside move towards 35,500 if price holds above 35,100
Second scenario: Bearish move towards 34600 if price closes below 35,000
First scenario: retest for resistance 83.0 if we get a bullish sign from support 80.0
Second scenario: fall towards 80.0 zone if price hold below 83.0
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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