Good day, i will be looking for more shorting position on retracement towards the supply zone
It seems like bulls have been compressed. Will be lookin to join the bears as they seek to resume the bearish move
Good day Traders, We are lookingto buy this pair here. Reasons for buying are explained as follows: *Price is approaching a good demand zone which engulfed the previous supply zone. Present Approach *We can see a possible 3 drive pattern which suggest bullish move. We are going to wait for any price action confirmation such as engulfing candle before we enter...
Good day Traders, I'll be personally looking to short this pair upon reaching my supply zone based on the h&s pattern. Cheers!!!
Price is currently contained in that wedge. A breakout could attract bulls.
The price action suggest we have broken a the triangle pattern which is bullish on its own. However as a supply and demand trader I've noticed demand zones that could be pushing price higher possibly.
We on demand zone, however, the buyers seems not to be fully following up on their bullish momentum as we can see that fake break failed to keep pushing price up