The price hasn't yet reached the 4h Demand Zone in order to continue bullish.
And so, analyzing the 15m chart and the Supply and Demand interactions I concluded that Supply zones are still in control. I will be looking for shorts until the 4h zone is touched.
For an invalidation of the bearish trend I would like to see 2 pretty decent formed highs being liquidated.
We also have liquidity to the upside.
And so, analyzing the 15m chart and the Supply and Demand interactions I concluded that Supply zones are still in control. I will be looking for shorts until the 4h zone is touched.
For an invalidation of the bearish trend I would like to see 2 pretty decent formed highs being liquidated.
We also have liquidity to the upside.
Note
Demand Zone reachedNote
Second 4h Demand Zone Reached.Price could have a reaction from the 15m Refined Demand Zone
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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.