SUPPLY AND DEMAND - HK50
Updated
W1 - Short Bias
D1 - Direction
Price is consolidating in between zones
H4 - intermediate Direction
Price is unclear at the moment, need to observe
1H Entry TF (temp buy as D1 Demand zone is unbroken yet) - need confirmation
Buy zone identified
TP:
about 1:3.42
D1 - Direction
Price is consolidating in between zones
H4 - intermediate Direction
Price is unclear at the moment, need to observe
1H Entry TF (temp buy as D1 Demand zone is unbroken yet) - need confirmation
Buy zone identified
TP:
about 1:3.42
Comment
Trade idea DISCARDED as market is under strong selling pressure due to fundamental news of new South Africa COVID variantDisclaimer
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