As soon as price reaches demand zone price is going to jump up. Possibly reach next supply area. Wait for price to touch demand area.
Price has reached strong supply area. Go short and expect bounce at next demand area at 1146.
Typical head and shoulders pattern is developing. Waiting for price to form second shoulder. As soon as price hits neck line (aggressive entry) or moderate entry line, price will fall to -100% level. SELL@: 1.127 or 1.128 Take profit@: 1.1111
BUY : to supply level at approx. 0.99 (Overall uptrend, momentum)
Supply/Demand analysis with overall trend. what do you think?
Overall bullish upwards trend. MACD indicating upcoming short downtrend, then to rebound upwards again, if this bullish trend continues. First target SELL: 35.75. Next target BUY: 37.00
MACD, RSI and CCI are showing bullish momentum. If price breaks resistance level at 1.2945, price likely to move upwards to next resistance evel at 1.299. What's your opinion?