SUPPLY EXCEEDS DEMAND Reasons for selling: 1) SR-FLIP 2) QML 3) FTR 4) DBD
RBR FTR - A bounce of the Demand pushing the green back higher
Kumba Iron Ore looks very bullish as it has just hit the Lower Low, look for buy entries with tight SL and target towards the QML where the Sell orders will be waiting
SHORT POSITION FTR + QML + DBD Price is currently in a compression
DBD QML + FTR FLAG LIMIT + SUPPLY COMPRESSION ENTRY 4Hour Chart
Gold / Euro has recently hitthe resistance for expanding triangle, which is also the supply zone. So My prediction is that of a drop headed down to the Quasimodo Level.