Although Demand is in control in the higher time frames, let's not discount the Selling momentum at the moment especially since price has failed to form a candle above the previous SZ.
Taking on a bullish bias, i'm looking at the immediate DZ for a possible long entry. Otherwise it will be next DZ as shown.
As usual, let's wait for confirmation before entry.
Taking on a bullish bias, i'm looking at the immediate DZ for a possible long entry. Otherwise it will be next DZ as shown.
As usual, let's wait for confirmation before entry.
Order cancelled
No confirmation in any zones. Trade invalidated.
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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.