Despite being within the sell zone on the weekly chart, there has been a clear break and close above the previous structure. This has led me to adopt a bullish stance on the mid to long-term outlook and I'm currently waiting for a buying opportunity on the 1-hourly chart. The buying opportunity may arise either at the trendline, if the candle touches it but doesn't break and close below it, or at the support level of 1.2556, which could provide another potential entry point for a long position.
5:14
FacebookForex100 Academy Pte Ltd
Despite being within the sell zone on the weekly chart, there has been a clear break and close above the previous structure. This has led me to adopt a bullish stance on the
Forex100 Academy Pte Ltd. . Despite being within the sell zone on the weekly chart, there has been a clear break and close above the previous structure. This has led me to adopt a bullish stance on the mid to long-term outlook and I'm currently waiting for a buying opportunity on the 1-hourly chart. The buying opportunity may arise either at ...
19 viewsMay 8, 2023
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