Alikze »» OM| Pullback to the roof major

8月3日

🔍 Technical analysis: Pullback to the roof major

- In the analysis presented before, it was mentioned that it is located in a range area, which after creating demand in the green box area, it was able to advance to the supply area.

- But it is currently in a bullish channel in the daily and 12H timeframes.

- According to the bottom range of the channel, if it faces demand in the liquidity area, it can grow up to the previous ceiling range of 1.37 in the first step.

- In addition, it will have the ability to reach the specified supply area by breaking the previous ceiling.

💎 Alternative scenario: But if the pullback to the broken structure faces selling pressure and breaks it, the correction can continue up to the green box area.
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