03/02/2023: Real-Time Analysis on v75 on Deriv

Our analysis on v75 was great as it exceeded our target of 2500pips, around 350,000. Price has been on a steady pullback all Asian/London session, and it’s back around last week’s support of 370,000, also the low region of last week.

This area is acting as resistance now, and it will be interesting to see a bearish reversal candle of the 1hr and 4hr charts to confirm our entry.

Verdict:

We will wait till the hourly candle closes to give entry on our signal group.

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