Supply Zones And A Rally Take Note
Updated
On the chart. Price is currently in the first supply area. Typically sellers will go short in supply areas. If successful you will see prices head back down. If not price will break through the supply area and continue upward to the next supply zone. If price should head back down from zone 1 first before heading upward, this can act as a pullback before resuming it's path back up breaking through the first supply area and on to the next supply area. Here sellers again will try to dominate this area. Let's see how this turns out. Plan trades or long term investments carefully.
Note
Because yo have that nice long bar on the 10th of June 2018, there really is nothing to keep price from advancing upward now from current prices.Note
And yes, "yo" should be "you."
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