Strong Long Term and Short Term Bearish

2023年10月23日

This pair is experiencing Bearishness across all major timeframes. On the Monthly, Weekly, Daily, 4 Hour, as well as on the 1 hour timeframes, the trends are all Bearish.

On the 1 hour and 4 Hour timeframes, we have seen price, on the Bearish swing, come into our zones adn from there progress towards our liquidity targets.

The 1 hour and 4 hour swings are expected to complete soon, with prices hitting the various liquidity targets as shown on the chart.

At that point, a reversal would be expected, followign which we will expect lower prices to drive us towards the liquidity targets of the larger timeframes

2023年10月24日

交易結束：目標達成

This pair played out according to our prediction.
We witnessed prices drop all the way to hit our 1 hour liquidity target. Market came very close to our 4 hour target but reversed Bullish.
On the 1 hour chart, the market has reversed Bullish. But on the 4 hour, we are still inside our Bearish swing and our liquidity target is maintained. Prices are expected to witness another drop to hit the 4 hour target, after which we would expect a major bullish reversal.