As you can see, the price entered into an important demand zone.
From here we expect a bullish reaction and in my perspective, we can enter a short position if we have a low time frame confirmation between 1320- 132.87.
But if the price breaks this zone I can expect the price goes for fill the fair value gap.
💡Wait for the update!
🗓️16/01/2023
🔎 DYOR
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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.