The current price is at the demand zone and will probably retrace up. The retracements in the demand zone is shown as early as 12 June and several dates.
The price has been steadily retracing from the supply and demand zones. When the market opens, it will probably go down. However, if there is a retracement after the drop , the supply zone will probably change to become a demand zone long position is desired.
Price has been steadily retracing at the support and demand zone. When the market opens, it may go down to the demand zone before retracing up. However, due to the higher highs and lows, it may also retrace above the demand zone.
Supply zone in June has been retracted to become a demand zone. The price is likely to drop to the new demand zone and buy before it goes up to supply zone 2.
