Long

SUPPLY AND DEMAND - US2000

Updated
WK tf - long bias

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D1 direction

price needs to decide where it will go

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H4 intermediate

Potential H4 supply zone will be formed if price breaks H4 demand zone

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Set SELL limit on this zone with 1:3 RR
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Order triggered:
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Trade closed: target reached
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Observation:

Price continues to be under SELLING pressure and reached 4H TP level after 1H TP level was reached
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For 29 Nov - 3 Dec 2021 , observe if price continues to reach 2nd and 3rd 4H TP levels
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Possible reason for strong SELL due to covid news of South Africa variant
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All possible TP targets reached:
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Supply and Demandus2000longweeklyforecast

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