Basically, and simply clean like that.
• Break upside 0.78 on signs of strength = Next target 0.80
•Break under 0.75-0.76 area on signs of weakness = Next target 0.74
Monthly: In March 2020 price made a stop in action caused by a major absorption of supply at the 0.55 area. After a move upside the 0.70 area following demands being in power from April 2020 to August 2020. For after testing the area of 0.70 reacting with an absorption of supply and pushing the price on heavy demand remaining in strong power printing engulfing bullish candles and going to 0.80. Even showing absorption of supply at the test of the 0.76 zone showing a major absorption of supply. As long as it doesn't break downside 0.76 showing of demand being weak, my idea is holding to seeing a test of 0.80 again, since demand has been in strong power for 1 year and more now and would have to be absorbed and go into a distribution cycle to weaken a demand volume like we saw the whole year for price to move downward.
• Break upside 0.78 on signs of strength = Next target 0.80
•Break under 0.75-0.76 area on signs of weakness = Next target 0.74
Monthly: In March 2020 price made a stop in action caused by a major absorption of supply at the 0.55 area. After a move upside the 0.70 area following demands being in power from April 2020 to August 2020. For after testing the area of 0.70 reacting with an absorption of supply and pushing the price on heavy demand remaining in strong power printing engulfing bullish candles and going to 0.80. Even showing absorption of supply at the test of the 0.76 zone showing a major absorption of supply. As long as it doesn't break downside 0.76 showing of demand being weak, my idea is holding to seeing a test of 0.80 again, since demand has been in strong power for 1 year and more now and would have to be absorbed and go into a distribution cycle to weaken a demand volume like we saw the whole year for price to move downward.