The price is now going higher from a 4H demand zone to a 4H supply zone. This 4H supply zone is built above the daily 50% range which increases the likelihood of being a profitable zone. I expect the price to go to the 4H demand zone formed at the low of the daily range.
Comment:
The price hit the lowest 4H demand zone and moved up. The 4H supply zone that it touched gave a small reaction and afterwards it continued the rally. A small profit could have been made.
Trade closed: target reached
