The price seems in its way to decline. I do expect two scenarios here regarding at what area it will fall:
The price either retraces from the closest demand zone or it may go up further till the PRZ (D) forming a bearish cypher.
To decide entry, there is a need for watching the price action in these areas.
The price either retraces from the closest demand zone or it may go up further till the PRZ (D) forming a bearish cypher.
To decide entry, there is a need for watching the price action in these areas.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.