AUDCHF: Weekly Demand Zone 🧠
Price has entered the weekly demand zone and slowed down in price luring in buyers.
However, many are not taking note of the incomplete compression within demand.
Because this compression is incomplete, I think we are likely to see a breakout trap followed by completed compression BEFORE we see any signs of buying pressure.
I will set alerts and sit on my hands until this pair is ready.
Let me know what you think in the comments.
However, many are not taking note of the incomplete compression within demand.
Because this compression is incomplete, I think we are likely to see a breakout trap followed by completed compression BEFORE we see any signs of buying pressure.
I will set alerts and sit on my hands until this pair is ready.
Let me know what you think in the comments.
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