Wow, that demand zone at 0.7668 looking at it now, the origin is a bit lower at 0.7525.
I'm thinking that the move down takes a pause here and moves sideways for a bit, since the initial reaction was not that strong off of the zone.
The buy orders appear to be absorbed by the open supply for now.
I think we are traveling north to 0.76933 but ultimately I think we are headed down to the 0.7525 level.
I'm thinking that the move down takes a pause here and moves sideways for a bit, since the initial reaction was not that strong off of the zone.
The buy orders appear to be absorbed by the open supply for now.
I think we are traveling north to 0.76933 but ultimately I think we are headed down to the 0.7525 level.