Market has played out structure quite well on the Pound-Dollar during these past weeks.
The bearish market is evident in the current trend. As price pulls back into it current significant swing high point,
there is a tendency for a continuation of the previous bearish trend and that will mean that the current supply zone has to hold.
If the current supply zone holds, price may have to drop. Around such regions, market may be found ranging.
The bearish market is evident in the current trend. As price pulls back into it current significant swing high point,
there is a tendency for a continuation of the previous bearish trend and that will mean that the current supply zone has to hold.
If the current supply zone holds, price may have to drop. Around such regions, market may be found ranging.