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 1.1297 if the price holds above the 1.1050 zone
Second scenario: retest to the 1.1100 support if the 4h candle closes below the 1.1050 zone
First scenario: fall to 1.3077 zone if the price holds below 1.3228
Second scenario: retest of 1.3400 resistance, if the 4h candle closes above 1.3222
First scenario: rise towards 1983 if the price holds above 1970
Second scenario: fall to the support 1960 if the 4h candle closes below 1970
First scenario: rise towards 35500, if the price holds above 35160
Second scenario: a retest for the support 34932 if the 4h candle closes below 35160
First scenario: rise to 77.8 if the price holds above 76
Second scenario: bearish move towards 74, if the 4h candle closes below 75
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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