Monthly and weekly chart trendlines are down.
Fresh and historical demand zone at 3.48-2.93 area rejected price 7 months ago.
We have a nice weekly demand zone at 4.22-3.85 area.
We have a uptrend on daily and we have a daily demand zone over weekly demand zone.
Entry price: 4.32
Stop Loss: 4.12
Profit: 4.92
R/R Ratio: 3
Fresh and historical demand zone at 3.48-2.93 area rejected price 7 months ago.
We have a nice weekly demand zone at 4.22-3.85 area.
We have a uptrend on daily and we have a daily demand zone over weekly demand zone.
Entry price: 4.32
Stop Loss: 4.12
Profit: 4.92
R/R Ratio: 3
Note
if we hit monthly supply zone at 5.02-5.54, we can not buy
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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.
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.