03:09 pm (GMT +0200)After the pair has violated the support level at 37141.60, it is now exposed to further drop towards the support at 36996.44, 36923.86 and then lower to 36778.70.
Price Action
Thursday, November 16 2023
03:09 pm (GMT +0200)
30 minutes Timeframe
Should the pair manage to exceed the resistance level at 37504.50, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
36996.44
Target 2
36923.86
Target 3
36778.70
Target 4
36597.25
Entry
37141.60
Stop Loss
37504.50
Trend Confirmation
Momentum
LWMA
MACD
Price Action
Thursday, November 16 2023
03:09 pm (GMT +0200)
30 minutes Timeframe
After the pair has violated the support level at 37141.60, it is now exposed to further drop towards the support at 36996.44, 36923.86 and then lower to 36778.70.
Should the pair manage to exceed the resistance level at 37504.50, it will eliminate the downtrend scenario, generating a buy signal.
Price Action Outlook:
Bullish
Profit Levels
Target 1
36996.44
Target 2
36923.86
Target 3
36778.70
Target 4
36597.25
Entry
37141.60
Stop Loss
37504.50
Trend Confirmation
Momentum
LWMA
MACD