If price move downward, it will give us a perfect long position opportunity around 0.94.
you can see other support and resistance level on chart.
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🗓️07/12/2022
🔎 DYOR
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Comment:
Price follows second scenario.
Analysis is still valid.
Analysis is still valid.
Order cancelled:
Price fallen fast and did not give us a buy entry setup.
This analysis is failed.
Wait for new analysis.
This analysis is failed.
Wait for new analysis.
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Now we have a two scenario:
1_ price move up from here.
2_ price move down to collect liquidity then raise.
We have to study price in lower time frame for finding good entry price.