This week on Apple, price has given a good retest of the high supply zone at $153. I would like to see Apple come all the way back down to the demand zone at $145.00. Price is in a range right now and I’m looking for price it the bottom extreme of the range. On the way down, I believe we will have some 60 minute demand zones to chew through but I don't expect...
Complicated but thats the way it is success isn't just a straight way
Here the other possible propulsion area. Woring and sharing ;D
Another example on how to read structure with the "Levels and Zones"
So we have price ranging in between a support and resistance zone for over a year now with a resistance trendline included. I have mapped out what I think is viable price movement over the next month, so it can go up, but likely down. I think down because of the recent bearish nature of this pair, as it broke the support trendline and price began to slope...
We just put in a double top on the daily bar at 79. We are also at the top of the range inside a daily supply zone. Looking for price to explode to the downside.
AUDUSD : Weekly Trendline bounce confirmed! Looking for downtrend to continue. We are retesting a fresh supply area now and looking for it to continue down.
Looking at a possible counter trend long on USDCAD as price is revisiting a upward trendline drawn from the yearly lows. This area is also a nice demand zone area on the daily timeframe. However, we should consider that the Trend is Down on the weekly and just left a weekly supply zone.