Previous analysis are still valid.
Low time frame demand zone above the price is a strong resistance in front of price.
So we can expect a downward move from there.
As you know we need confirmation for entering the market.
💡Wait for update!
🗓️07/12/2022
🔎 DYOR
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Note
As you can see, price had a bearish reaction to our LTF demand zone.Now we waiting for new week and opening the market.
I hope best for all.
Note
Well, as you can see price had a bearish reaction after touching 1806.11 and move down till 1777.43.I expect more downward move.
It's Possible that price rise to 1795 to 1799 and then price fall.
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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.