Currently, Price has made a push above the Yearly/Quarterly High for 2020. We see Demand pressure and a bullish order block filled and surpassed. Price has found resistance at the Monthly Supply zone as well as the Weekly Supply Zone. I'm looking for a push upward after taking out the stop losses for the Bullish traders.
We need to retest the previous days high before we react to a move in the market. I'm looking to retest the Previous Week's high and the current supply zones to see a nice move downward. I'm looking for a price to head to the 50 EMA flirt around the area for a continuation downward. Seems to be in the first leg of M after competing in Level 3 Bull run
We need to retest the previous days high before we react to a move in the market. I'm looking to retest the Previous Week's high and the current supply zones to see a nice move downward. I'm looking for a price to head to the 50 EMA flirt around the area for a continuation downward. Seems to be in the first leg of M after competing in Level 3 Bull run
Nota
If you have been following along. Almost all o fmy zones have been touched or consolidated for an accurate move.Nota
Trade has been playing out very nicely
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.