Price tapped into a key supply zone around 3,330–3,335 and showed immediate rejection. Entry was taken at the retest with a tight stop above the zone. Targeting the previous demand area near 3,293, and the bearish momentum followed through perfectly. Patience paid off — textbook supply zone reaction on the 45m chart!
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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.