I expect a drop at the supply zone because of low volume and divergence.
There is also the 0.5 fibonacci level in the supply zone which should give extra bearish volume.
If you agree with my analysis please leave a like and follow my idea.
Let me know your view in the comments.
Thanks for reading,
stibo
There is also the 0.5 fibonacci level in the supply zone which should give extra bearish volume.
If you agree with my analysis please leave a like and follow my idea.
Let me know your view in the comments.
Thanks for reading,
stibo
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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.