UJ Small Range
已更新
Bias = Range
Recap: Last Friday Daily Candlestick has touched the fib 1 (107.861) briefly before being rejected and close at fib .786 (107.650). The candlestick has close above the previous candlestick signifying remaining bullish momentum.
H4: An upward channel can be seen as price respected the channel. Another upward movement to fib 1 (107.861) is expected as price bounced off EMA 10.
H1: No obvious signal can be seen. But price has rejected off EMA 20 and stall at EMA 10. Potential movement to upside as price failed to move below EMA 10.
M15: Wait for more Confirmation. Next bullish candlestick will prompt upward movement while bearish candlestick will prompt downward movement. Wait for price to breakout above or downward below for consolidation.
Recap: Last Friday Daily Candlestick has touched the fib 1 (107.861) briefly before being rejected and close at fib .786 (107.650). The candlestick has close above the previous candlestick signifying remaining bullish momentum.
H4: An upward channel can be seen as price respected the channel. Another upward movement to fib 1 (107.861) is expected as price bounced off EMA 10.
H1: No obvious signal can be seen. But price has rejected off EMA 20 and stall at EMA 10. Potential movement to upside as price failed to move below EMA 10.
M15: Wait for more Confirmation. Next bullish candlestick will prompt upward movement while bearish candlestick will prompt downward movement. Wait for price to breakout above or downward below for consolidation.
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Analysis was not correct but Bias is correct.
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