Gentle Sunday to my beloved family of bG ❤️
Yesterday, the price was still moving sideways, accumulating in the narrowest range of this week: 102.6 - 103.6.
Therefore, today all M15, H1, H4 frames are neutral.
In such times, we can only sit back and watch.
💥 Resistance: 103.5-103.7.
The price needs to pass 103.7 to confirm a recovery and move back up to the key points: 104.2, then 105.8
💥 Support: 102.5-102.8
💥 The D1 frame remains stable.
💥 The price hovering between resistance and support for a few days is very normal. Everyone's impatience to enter/exit trades is also the purpose of the market. So just keep an eye on the above points.
--->> All points are based on the close price of the H1 frame.
--->> We still need to be cautious as MM may drain liquidity from the lower region (breaking 102.5 and sweeping down to 101.5-100.7) before moving back up. Because many are currently holding positions, in sensitive moments where the short-term trend hasn't been clearly confirmed, bG still needs to be mindful, so everyone can closely monitor and have timely action plans if necessary. Caution is the mother of safety!!!
💥 Note: I only write personal opinions for everyone to follow and gain more information and reference perspectives. This is not investment advice, nor is there a group or link to copy everyone!!!
This season's market is sensitive, all opinions are short-term!
Yesterday, the price was still moving sideways, accumulating in the narrowest range of this week: 102.6 - 103.6.
Therefore, today all M15, H1, H4 frames are neutral.
In such times, we can only sit back and watch.
💥 Resistance: 103.5-103.7.
The price needs to pass 103.7 to confirm a recovery and move back up to the key points: 104.2, then 105.8
💥 Support: 102.5-102.8
💥 The D1 frame remains stable.
💥 The price hovering between resistance and support for a few days is very normal. Everyone's impatience to enter/exit trades is also the purpose of the market. So just keep an eye on the above points.
--->> All points are based on the close price of the H1 frame.
--->> We still need to be cautious as MM may drain liquidity from the lower region (breaking 102.5 and sweeping down to 101.5-100.7) before moving back up. Because many are currently holding positions, in sensitive moments where the short-term trend hasn't been clearly confirmed, bG still needs to be mindful, so everyone can closely monitor and have timely action plans if necessary. Caution is the mother of safety!!!
💥 Note: I only write personal opinions for everyone to follow and gain more information and reference perspectives. This is not investment advice, nor is there a group or link to copy everyone!!!
This season's market is sensitive, all opinions are short-term!
