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.
Bullish Trend
First scenario: fall towards 1.0670 if the price holds below on 1.0855
Second scenario: rise towards 1.0924 if the 4h candle closes above 1.0855
Bearish Trend
First scenario: rise towards the supply zone at 0.6500 if the price holds above the internal demand zone at 0.6370
Second scenario: break of the internal demand zone at 0.6370 will push the price towards the main demand zone at 0.6228
Bullish Trend
First scenario: rise towards 1935 if the price holds above 1923.
Second scenario: retest towards the demand zone 1916 if the 4H candle closes below 1923.
Bullish trend
First scenario: rise towards 35000 if the price holds above 34600
Second scenario: if the 4h candle closes below 34400, this could trigger a fall to 34000
Bullish trend
First scenario: rise towards 89.23 if the price holds above 86
Second scenario: if a 4H candle closes below the support at 85.5, price might retest the daily resistance at 83.3
Notice :
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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EURUSD1.2184 1.2186
GBPUSD1.4167 1.4169
USDJPY109.35 109.38
USDCAD1.2101 1.2103
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