The demand that fed the run up to the 1hr Supply yesterday has not held. Very clear to see the sellers were sat in that 1hr Supply.
There is a higher up 15m Supply that has been created and a mid - way 15m Supply - this is where I will be watching to see how price reacts to this area.
Shorts would be to the lower demand zones and longs (should the 15m supply fail) will be to the higher supply
There is a higher up 15m Supply that has been created and a mid - way 15m Supply - this is where I will be watching to see how price reacts to this area.
Shorts would be to the lower demand zones and longs (should the 15m supply fail) will be to the higher supply
Comment:
Areas gave perfect story as to what the market was doing
Comment:
1m Timeframe had you in the trade in the right direction before new was released