TREND - unable to break the downward Monthly and Daily TL
PRESENT ZONE- Inside S 2.New 1 HR Supply zone formed today
FORECAST -as per ZONE
Must go above the SUPPLY ZONE 2 first.Then Must go above the New 1 HR Supply zone formed today.
If not may go to D1.
MY TAKE
Even a gap up yesterday could not make it up.Also S2 not yet crossed covincingly.
Many supply zones,TL's some grinding with downward bias expected
PRESENT ZONE- Inside S 2.New 1 HR Supply zone formed today
FORECAST -as per ZONE
Must go above the SUPPLY ZONE 2 first.Then Must go above the New 1 HR Supply zone formed today.
If not may go to D1.
MY TAKE
Even a gap up yesterday could not make it up.Also S2 not yet crossed covincingly.
Many supply zones,TL's some grinding with downward bias expected
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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.