-My expectation is price will do a rejection at 1.040/Supply Zone 1
-Why i expect that price will do rejection at 1.040? When i lowering the timeframe i can see a lot of price action.
-Compression can be seen at lower timeframe,based on my experience when a compression appeared before the price reach a supply zone,price will do a rejection.
-Why price reject at supply zone? Theres a big bearish engulfing/3 Soldier at supply zone can be seen that i marked on the chart.
-After the rejection,maybe the price will reach at demand zone again or maybe theres another price action can we wait for the next move.
-Maybe there will be a RBS/Resistance become support around 0.875 ''Wait for the confirmation first''.
-Theres a hidden zone around 0.875 maybe can become a demand zone.
(Sorry my english hilarious)
Disclaimers:-
I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION.
Have a nice day ahead and stay safe everyone!
-Why i expect that price will do rejection at 1.040? When i lowering the timeframe i can see a lot of price action.
-Compression can be seen at lower timeframe,based on my experience when a compression appeared before the price reach a supply zone,price will do a rejection.
-Why price reject at supply zone? Theres a big bearish engulfing/3 Soldier at supply zone can be seen that i marked on the chart.
-After the rejection,maybe the price will reach at demand zone again or maybe theres another price action can we wait for the next move.
-Maybe there will be a RBS/Resistance become support around 0.875 ''Wait for the confirmation first''.
-Theres a hidden zone around 0.875 maybe can become a demand zone.
(Sorry my english hilarious)
Disclaimers:-
I AM NOT A FINANCIAL ADVISOR,EVERYTHING I SHARE IS JUST MY OPINION.
Have a nice day ahead and stay safe everyone!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.