$AIN 15m analysis 📊
The main bearish scenario continues. I expect a pullback first to the FVG at 0.08629, then to the support levels at 0.08556 and 0.08529, with the price closing below 0.08715.
- Here, especially if a manipulation occurs in the range of 0.08629-0.08529, followed by a liquidity sweep and then a strong reversal formation (pin bar, bullish engulfing, OTE, quasimodo) in a lower time frame, a long position can be opened. The initial take profit target can be set at 0.08715, and subsequently, the resistances at 0.08899-0.08936 can be targeted.
- For a short, it can be expected that the price spikes to the 0.08899-0.08936 region, gets rejected, and then turns down with a bearish candle formation. Here, confirmation for entry should be sought in the form of a bearish engulfing or lower high structure.
- For the stop-loss, it should be positioned just outside the last swing low or swing...