a glimpse of a smaller time frame
In less than an hour, the US consumer price index will be released. In my opinion, this statistic can indicate the next price trend.
In the daily time frame, it is more than 80 days that the price below the supply area of the weekly time frame has formed a distribution-like structure.
now here the weakness of the price is quite evident. There is a possibility that the specified area will be engulfed in order to obtain liquidity.
In the daily time frame, it is more than 80 days that the price below the supply area of the weekly time frame has formed a distribution-like structure.
now here the weakness of the price is quite evident. There is a possibility that the specified area will be engulfed in order to obtain liquidity.
Note
It is strongly recommended that stay away from the market, And be careful with your open positions.
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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.
Related publications
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.