📢 Technical Analysis for Currency $W – 4 Hour Frame
🔸 The price is under pressure from the 20 and 50 moving averages, and within the Ichimoku cloud
🔸 The RSI indicator is fluctuating around the neutral zone without clear momentum
🔸 The 200 average is forming near support around 0.081
📌 Trade Type: Spot – Spot
🎯 Positive Scenario:
– In case of breaking 0.0843 with a candle close
– Targets: 0.0880 – 0.0920 – 0.0975
❌ Negative Scenario:
– In case of breaking 0.0810
– Targets: 0.0780 – 0.0745 – 0.0700
📌 Note: Moving within the cloud makes the view unclear, so it's important to wait for confirmation before entering.
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.
