Price is respecting a well-defined demand zone after trapping sellers, showing strong buyer interest at the lower levels. Multiple range-trading phases indicate accumulation rather than distribution. Each dip into the buyer zone is being defended, confirming bullish intent. As long as price holds above demand, the structure favors continuation toward the major supply zone above, where the next upside target is located. Patience and confirmation at key levels remain crucial.
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uvd1etcgg1
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one.exnessonelink.com/a/uvd1etcgg1
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uvd1etcgg1
Related publications
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.
