all eyes on the monthly S/R level
On Monday price opened the market with a gap to the downside and shortly after price started to retrace and fill the gap which took most of yesterday trading day. Price is trading around the monthly level @ 0.66751 where in higher timeframes price is showing clear rejections to the upside failing to close above. Intraday demand is currently in control of price , I am looking at the demand to push price i bit higher into the monthly level where there is also 0.382 fib level and intraday supply where i will be looking to go short with targets at monthly chart demand and 4hr demand CP @ 0.66222.
"True life is lived when tiny changes occur."
"True life is lived when tiny changes occur."
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