daveseme

daveseme

(RBD) A rally base drop is to be seen since price is now arriving back at the base

daveseme

a bullish move

daveseme

There will be a small bearish move toward the demand zone anticipating the buying pressure to kick in at the demand zone areas

daveseme

this is after price approached an imbalance at the supply zone thus creating a base in the 1hr timeframe hence expecting an RD type is price gets rejected at the supply zone.

daveseme

after reaching my critical area of imbalance there was formation of a doji in 1hr timeframe

daveseme

a small buy before a sell since there is still a buy pressure due to the long lower wicks present

daveseme

After reaching the supply level rejection was seen

daveseme

after rejection on supply zone the price did not stay at the zone and changed direction

daveseme

Will go short after BREAK of the level then retest

daveseme

price after reaching a psychological level that coincided with a supply zone

daveseme

bullish mommentum to next level after retest

daveseme

Expecting a big drop at point D

daveseme

price got rejected at a zone now expecting it to short to the demand zone