Presently, we see price reacting to an area of demand which initiated a bullish rally to the upside- creating a shift in the previous bearish structure.
Price reaction to the present demand level would cause some bullish impulse to fill up the last bearish imbalance created which caused price tap into the demand 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.