We are Still Bearish
As promised, we are here with the 4-hour chart analysis.
If you have been following our analysis for a while, it would be absolutely clear to you from our charts that we are in a 4-hour bearish swing. The harmet is heading for the daily liquidity target below.
We are currently experiencing a bullish retracement on the 4-hour. This is necessary as the market never moves in a straight line. With 1 PB down, the 4-hour chart has retraced to gather momentum for the next dip towards the daily liquidity target.
We have refined our PB to a zone. The zone is as marked out on the chart, We expect to see some bearish reversal at this point. Where that is the case, this pair is expected to resume it bearish run towards the daily liquidity target.
If you have been following our analysis for a while, it would be absolutely clear to you from our charts that we are in a 4-hour bearish swing. The harmet is heading for the daily liquidity target below.
We are currently experiencing a bullish retracement on the 4-hour. This is necessary as the market never moves in a straight line. With 1 PB down, the 4-hour chart has retraced to gather momentum for the next dip towards the daily liquidity target.
We have refined our PB to a zone. The zone is as marked out on the chart, We expect to see some bearish reversal at this point. Where that is the case, this pair is expected to resume it bearish run towards the daily liquidity target.
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