Price has shown a solid reaction to the area of supply which took out the 4H bullish impulse-causing a demand failure. Presently, price seems to be creating a supply chain so we expect a new bearish run after price trades into the new supply zone.
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.