Hello everybody,
Price is currently at the weekly supply zone.
It has broken an upward trendline and pulled back to retest it.
A decline from this area is expected.
The most likely target is the nearest demand zone, around 3800.
Manage your risk and trade safe!
Price is currently at the weekly supply zone.
It has broken an upward trendline and pulled back to retest it.
A decline from this area is expected.
The most likely target is the nearest demand zone, around 3800.
Manage your risk and trade safe!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.