since we couldnt get push to the downside and we are now seeing market breaking structure to the upside this shows that the bulls are likely back to take control.
the daily demand should be able to push the market back up since we would have a nice pullback and also there is a round number there which is where the big boys like to take their orders from. Incase this demand fails the weekly demand will be the next to push market to the upside
the daily demand should be able to push the market back up since we would have a nice pullback and also there is a round number there which is where the big boys like to take their orders from. Incase this demand fails the weekly demand will be the next to push market to the upside
Note
!.28 stands as a good place for buyers to have their orders filled at the daily demand area
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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.