GA Weekly analysis

2021年5月30日

Analysis for GA

1 More day for Monthly candle stick to close
but looks to be closing as a strong bullish engulfing
breaking above both moving averages next major
level is 1.85000 where price could see sellers
step back into the market and push price back
down

Weekly: Start of the week sellers tried to push
price all the way back down but then were
met with to much buying pressure at a level
of resistance that was broken and now looks to
be holding as a level of support weekly candle
ended up closing as a strong bullish engulfing
will continue to look for short term buys
into 1.85000

Daily: Price is creating bullish market structure
Higher highs and higher lows breaking and
retesting levels of resistance, price has made
a new high now looking for areas of interest
where it could possible retrace to before
continuing the overall bullish trend

H4: Looking for price to come back and retest
level of resistance to see if it can hold as a
level of support