Price broke structure of the downtrend as it traded above the previous high leaving a Daily Demand zone behind. MACD is bullish, RSI is slightly above 50% and price is sitting on EMA ribbon. We refined our entries on LTF and entered on the demand zone where price got heavily rejected. We are aiming for the daily supply zone.
Price broke structure of the downtrend as it traded above the previous high leaving a Daily Demand zone behind. MACD is bullish, RSI is slightly above 50% and price is sitting on EMA ribbon. We refined our entries on LTF and entered on the demand zone where price got heavily rejected. We are aiming for the daily supply zone.