This gives you a gestalt grasp of the overall supply and demand levels over the past month. As of right now, the bearish channel cuts deep into the demand zone, but depending on news, the bullish channel may turn out to prevail and hence there I label 2 points, depending on whether greek defaults (HAPPY FACE) or is mercifully saved.
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.