๐ Trading Chart Summary (USD/PHP โ OTC)
๐น Market: USD/PHP (OTC)
๐น Current Price: 58.883
๐น Time: 07:48 UTC
๐น Expiry (Timer): 30 minute โฑ๏ธ
๐น Investment: $3,000 ๐ฐ
๐น Payout: $5,370 (79% profit) ๐
๐ Market Structure Analysis
The chart shows a strong bullish movement โ price moved up rapidly ๐.
After reaching the top, the market entered a consolidation phase, forming small candles ๐ฏ๏ธ, which means the market is now undecided โ a fight between buyers and sellers โ๏ธ.
The current price around 58.88 has formed a support zone, and price has bounced from this level before ๐.
๐ง Trading Psychology
After a strong bullish move, the market usually follows this pattern:
โก๏ธ A small pullback ๐ฝ
โก๏ธ Then continuation to the upside ๐ผ
The small candles and lower wicks show that sellers are trying to push the price down, but buyers are holding the level ๐ช.
๐ฏ Overall Bias
๐ Trend: Bullish ๐
๐ Structure: Higher highs & higher lows ๐
๐ Zone: Price is holding support ๐งฑ
๐ This means the market still has a higher probability of moving upward ๐โจ