📉 Expected Scenario:
The price is expected to decline towards 0.813 – 0.814 (buy zone).
From there, a corrective rebound may occur towards 0.85.
The move could then extend further into the 0.877 – 0.893 red zone, which is considered the optimal area to re-enter short positions.
Any break below 0.81 would invalidate the bullish scenario and open the door for further downside.
The price is expected to decline towards 0.813 – 0.814 (buy zone).
From there, a corrective rebound may occur towards 0.85.
The move could then extend further into the 0.877 – 0.893 red zone, which is considered the optimal area to re-enter short positions.
Any break below 0.81 would invalidate the bullish scenario and open the door for further downside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.