break 1.27 SOS sign retracement started
Price has held 1.25 since January and showed absorption of supply and demand presence, telling us that big interest are not interested in selling right now at all, and has not been since January.
so it's either it goes under 1.25 on SOW and I start looking for a sell entry, or it break upside 1.27 on a SOS ( can't disrespect the market saying it's sure, but if you know how to read the tape like yaaah know)
Target as a buy; 1.30-1.32 we could see get hit during NFP tomorrow morning
On the 4 hours price action be making HH on heavy demand and weak supply retest, as long this harmony remains, I look for long entries
so it's either it goes under 1.25 on SOW and I start looking for a sell entry, or it break upside 1.27 on a SOS ( can't disrespect the market saying it's sure, but if you know how to read the tape like yaaah know)
Target as a buy; 1.30-1.32 we could see get hit during NFP tomorrow morning
On the 4 hours price action be making HH on heavy demand and weak supply retest, as long this harmony remains, I look for long entries
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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.