Nice Buy Demand Zone, Waiting for price to enter then im Long!
Comments
mattytb84
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Nice chart wjason, i'm kind of confused though why your anticipating a move down to the demand zone. Your blue lines of support and resistance indicate a move higher, only a dip back down below your line at 18.90 opens up the possibility for move a move to the demand zone.
wjason777
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@mattytb84, I'm expecting more bearish movement because the dollar is weak and its an overall downtrend. but once price hits that demand zone im expecting a huge bullish retracement.
mattytb84
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@wjason777, thanks, i appreciate the explanation. Good luck