Marked this on the 4hr timeframe.
I seen that it reversed off the demand zone and also that there's 2 supply zones that have yet to be retested.
Price took out the trendline liquidity and is now headed toward the first zone. I think it could push through and head towards the 2000.00 zone. I wont be looking to trade unless I see the confirmation of course, but this is what I'm thinking.
Comment what you guys think or if you have something different.
I seen that it reversed off the demand zone and also that there's 2 supply zones that have yet to be retested.
Price took out the trendline liquidity and is now headed toward the first zone. I think it could push through and head towards the 2000.00 zone. I wont be looking to trade unless I see the confirmation of course, but this is what I'm thinking.
Comment what you guys think or if you have something different.
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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.