Hello Traders, This is a Screenshot of my Analysis on this Pair. ( Previous analysis Linked Below )
We can Identify these facts from Price Action.
1. On the Monthly Timeframe, Price is Bullish.
2. On the Weekly Timeframe, We are seeing some Bullish Signs, So I will be Observing the Close of this Candle.
3. On the Daily Timeframe, We have a Retest of new Demand level Created few Days ago, from this Level I expect the Bulls to take over again.
From these Facts, I will be monitoring Price Action inside this level for bullish Trading Opportunities in the coming Days if today closes as a BULLISH ENGULFING
We can Identify these facts from Price Action.
1. On the Monthly Timeframe, Price is Bullish.
2. On the Weekly Timeframe, We are seeing some Bullish Signs, So I will be Observing the Close of this Candle.
3. On the Daily Timeframe, We have a Retest of new Demand level Created few Days ago, from this Level I expect the Bulls to take over again.
From these Facts, I will be monitoring Price Action inside this level for bullish Trading Opportunities in the coming Days if today closes as a BULLISH ENGULFING
