Short
SUPPLY AND DEMAND - AUDSGD (2-8 Jan 2022)
MN Trend: Downwards
Reacted off MN supply zone
W1 Trend: Price re-aligning to to continue SELLs
D1 Chart:
1) Sell from newly formed D1 supply if it breaks TL OR
2) Wait for price to retrace to D1 fresh supply and SWING the position
H1 sell zone:
small risk sell zone identified
Reacted off MN supply zone
W1 Trend: Price re-aligning to to continue SELLs
D1 Chart:
1) Sell from newly formed D1 supply if it breaks TL OR
2) Wait for price to retrace to D1 fresh supply and SWING the position
H1 sell zone:
small risk sell zone identified
Note
trade activated:Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.