Hello Traders & Investors This is our Analysis on this Pair.
On the Daily Timeframe, Yesterday closed as a Bullish Engulfing Candle.
This means we have a high probability of seeing a bullish move in the coming Days.
I have Identified the Active levels of Demand on the H1 Timeframe simply because we expect price to start a Bullish move at a level of Demand.
However, we know that Anything can happen, this means that there's also a probability of a bearish move.
Therefore, we have to always execute according to the rules of our Strategy.
On the Daily Timeframe, Yesterday closed as a Bullish Engulfing Candle.
This means we have a high probability of seeing a bullish move in the coming Days.
I have Identified the Active levels of Demand on the H1 Timeframe simply because we expect price to start a Bullish move at a level of Demand.
However, we know that Anything can happen, this means that there's also a probability of a bearish move.
Therefore, we have to always execute according to the rules of our Strategy.
