Price is coming into demand and it is demand that supported this leg going up. While this demand remains uncrossed I would tend to support a long play - if price crosses the demand then we will be back to the major demand below which has taken multiple hits already. The zone in yellow is 101.89 to 101.75 the targets above are 103.13 and 103.83
Comments
MindTrader
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kate25
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MindTrader
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very nice chart , i like the idea. thanks
kate25
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The demand was lost so I am looking in this leg down for possible supply areas that will hold 101.98 and 102.19 - major demand still holds at 101.45
kate25
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here is a closer look at the demand in yellow - see if this holds