4hr Price Breakout of Range testing Demand Zone
Area of buyers are holding their ground and pushed price to new highs
Sellers came in bring price back down to the exact are made the break.
Probability for me is that I am betting price will go back to resistance where sellers are waiting for price to keep moving up.
If anything there is an explanation of what can happen if it keeps going down.
Sellers came in bring price back down to the exact are made the break.
Probability for me is that I am betting price will go back to resistance where sellers are waiting for price to keep moving up.
If anything there is an explanation of what can happen if it keeps going down.
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.