Hi community members,
Background: this forecast base on balanced distribution (supply vs demand; price oscilator and median) and expectation that Fed rate hike and reduce balance sheet in this year. Because the technical contest is to predict price on 1st of June, so I use weekly chart for trend and range forecast; daily chart for price point forecast.
Weekly chart: Price hit 1.034x after Donal Trump win the election and has adjusted retracement since Jan 2017. Now price is near balance area in …
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