I chart on what I see & understand only it has created a proper supply on mthly timeframe. currently market is liquidating order.
my learning journey of supply & demand : Accumulation & distribution
pls give opinion or price action that i maybe possibily miss out in my analysis 1) demand & supply area have been tested in previous price. 2) possible to now is to retest supply area & break trendline = sell 3)or demand area 1st to be retest then to supply area to enter= buy
n my backtest resultt, the price have touch daily resistant & monthly support.. It price range have drop from $1.50 to $0.90+. now it is climbing up to $1.10 price range. will it make a lower high 1st and go back lower low or the price will try to get bck to #1.10 & above. I am a newbie - i will like to ask for opinion.