Daily supply area bouncing price!
enter now, add when uptrend channel breaks
best of luck!
enter now, add when uptrend channel breaks
best of luck!
Note
It might pullback to the weekly golden zone as marked in this update, if it happens so, wait for a small frame (H4) rejection from this area to sell again. Best of luck and happy trading!
if zone is not clear in the chart, it is between the levels 1.2755-1.2770.
Note
Hey btw, we have two possibilities both of them lead to a continued downtrend. You guys see this upchannel in the chart? It represents a well preserved uptrend structure. either we break that structure low or bounce off of it test the golden zone before breaking uptrend structure. Either way it goes down. But bear that in mind that if you guys entered pre-emptively before either the uptrend structure breaks or it retests the golden zone, you will be right about it but you might be stuck for some time in negative! so make sure you enter the best price! Cheers!
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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.
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.