Price has shown some support and we see a nice jump to the upside.
Targeting a retest of old demand zone. Good signal to see that buyers have stepped in the market for a discount price and push it up high.
Still in a downtrend on H4. Have to see a good burst of buyers to possibly start a new trend to test some highs.
Targeting a retest of old demand zone. Good signal to see that buyers have stepped in the market for a discount price and push it up high.
Still in a downtrend on H4. Have to see a good burst of buyers to possibly start a new trend to test some highs.
Note
Price has rallied up and pushing towards old demand zone
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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.