Price: 101.685
Analysis:
(Main timeframe 15Min/5Min)
Trend Analysis:
expected bearish rejection & retest to bull side on longer timeframes (1h/1dTC)
Most recent visit to this area both Bulls & Bears volatility increased, declining momentum was always stronger than the bulls, but bulls momentum gained more favor in most recent pre historical data*(historical Notes)
on shorter timeframes you would expect market to drop lower as bullish energy has diminished, Macd still bearish
Structure:
bulls energy varied and unsustainable, bears energy consistent and sustained *(historical notes)
(09/05/24)
bearish momentum slowing up bulls starting to gain more momentum
Support & Resistance Levels:
Support: 101.637, 101.584, 101.491
Resistance: 101.736, 101.795, 101.835, 101.967, 102.157
Crossovers & Moving Averages:
Risk Management:
News & Events:
Scenario Analysis:
Objective & Targets:
YOLO:
Entry Point:
Exit Point:
Today's rule:
(9/5/24)
take short sales until market reach 1.08845 (EUR/USD)
market declined
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