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Here is my technical analysis for $USUAL with H4 chart
There was a #BOS (Break of structure) on the last high which means that the trend is bullish.
There will be a consolidation either up to the fair value gap (FVG) between 0.4225 and 0.3978. If the #FVG is exceeded downwards by the body of a candle then the consolidation will be done up to the order block (#OB ). Once the rebound is done we will reach a new high.
For people wanting to enter on $USUAL it will be necessary to target the FVG or the OB. This is an opinion and not advice.
My analysis will be invalidated if the OB does not resist.
There was a #BOS (Break of structure) on the last high which means that the trend is bullish.
There will be a consolidation either up to the fair value gap (FVG) between 0.4225 and 0.3978. If the #FVG is exceeded downwards by the body of a candle then the consolidation will be done up to the order block (#OB ). Once the rebound is done we will reach a new high.
For people wanting to enter on $USUAL it will be necessary to target the FVG or the OB. This is an opinion and not advice.
My analysis will be invalidated if the OB does not resist.
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