Hi guys,
I've seen a nice price movement on M30 timeframe so I decide to share it with you.
Price is now moving between 2 zones. Touching the supply zone would pull the price down to the channel line and then with confirmation we can be with buyers for higher levels.
But if price breaks the channel, we expect the fall to demand zone and then retesting the channel line. So in this condition we can be with sellers.
**This is not an investment advice. Your capital might be at risk.**
Good Luck...
I've seen a nice price movement on M30 timeframe so I decide to share it with you.
Price is now moving between 2 zones. Touching the supply zone would pull the price down to the channel line and then with confirmation we can be with buyers for higher levels.
But if price breaks the channel, we expect the fall to demand zone and then retesting the channel line. So in this condition we can be with sellers.
**This is not an investment advice. Your capital might be at risk.**
Good Luck...
Note
Demand zone has passed.
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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.