The market reacted to the HTF (dashed) demand zone and had a strong run upward into the supply zone.
Within this run, HTF demand was updated and price reacted to it, pushing price to new highs and deeper into the supply zone.
It's difficult to say whether there is any supply left to turn the trend around. It seems likely the market will continue its bull run into the liquidity above.
Waiting to catch the train on a pullback into the current MTF demand zone. Next stop: Liquidity!
~Blessed Trading~
Within this run, HTF demand was updated and price reacted to it, pushing price to new highs and deeper into the supply zone.
It's difficult to say whether there is any supply left to turn the trend around. It seems likely the market will continue its bull run into the liquidity above.
Waiting to catch the train on a pullback into the current MTF demand zone. Next stop: Liquidity!
~Blessed Trading~
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Related publications
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.