Last week, there was a strong channel breakout that changed our plans! Interestingly, I still expect the price to reach the option contract level of 1.23973 in the future, but for now let's focus on closer targets. I anticipate that Wave 3 is not yet complete, so I expect Waves 3, 4, and 5 to follow. Then, I anticipate a correction to the level of 1.27422.
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HLZ Supply and Demand Methodology
No-1 Gold 1963 is a Significant Demand Level which is engulfed at 4 march 22!,rejected from decision point 1899,second uptrend leg broke 1950
No-2 As I was expected In morning market retrace to the zone and done the retracement ,Now I m preferring to buy at 1947 area and market expected to bounce 1975-2020
No-3 this area 2020...
GBP / USD four-hour chart. The currency pair could not hold above the level. The price dropped below the four-hour supertrend line. Against this background, today we are waiting for the development of a moderate downward movement in the direction of the daily supertrend line. Do not forget that the overbought zone resists the price with its entire area.
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