Price has hit Demand Zone, look for a reversal upwards back into the supply zone.
1. Demand Zone
2. Strong Support area for months
3. Channel between supply and demand has been holding.
4. RSI in buy zone.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
1. Demand Zone
2. Strong Support area for months
3. Channel between supply and demand has been holding.
4. RSI in buy zone.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
Note
Good movements upwards today. I've exited my positions at 1.6350 for profit and will reenter at a retrade near 1.6300 for TP @ 1.6500.Good luck.
Note
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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.