GMX USDT By HesamUNT ( New update )
Updated
hey traders
we got the rejection from daily and Weekly Swap and broke down the short and mid-term Demand zones
also we had potential demand zone at daily TF around 39-43 $ and PA confirmed this lvl so many times
Now we break it down and price still playing below this zone
so i can take it as a potential Swap and resistance area in next touches and working as a supply zone in higher TF Chart. also this Swap confirmed by Long-term short scenario fib EXT and EMA 200, EMA 50-200 still bearish in Weekly Daily 4H TF, but we have bullcross in 30m and 1H TF
thats why we can expect some buy pressure around 30$ to the 39$ which is our Supply zone and swap and fib areaa
what u think ?
share ur chart and leave a comment
we got the rejection from daily and Weekly Swap and broke down the short and mid-term Demand zones
also we had potential demand zone at daily TF around 39-43 $ and PA confirmed this lvl so many times
Now we break it down and price still playing below this zone
so i can take it as a potential Swap and resistance area in next touches and working as a supply zone in higher TF Chart. also this Swap confirmed by Long-term short scenario fib EXT and EMA 200, EMA 50-200 still bearish in Weekly Daily 4H TF, but we have bullcross in 30m and 1H TF
thats why we can expect some buy pressure around 30$ to the 39$ which is our Supply zone and swap and fib areaa
what u think ?
share ur chart and leave a comment
Note
30 to 37 which is mid-term fib ext lvl is donestill think 39 is likely
Note
waiting for the zoneTrade active
Note
Touched the Zone and RejectedNote
Rejected from the zonealso playing between these 2 mid-term fibs
we need 2 break down this lvl in 4H and daily TF
but i guess there will b some buy pressure in first and second touchs
and it can b gr8 for scalp trades
Note
pumped as we expectedand rejected as we expected
lets see can this 4H Candle break and close below this lvl or not
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