According to its recent history
the price action is expected
to honor and return to demand
zone to complete the pattern.
Chart assessment suggests
trade opportunity short
with entry at present
market level, SL just above
the resistance level or supply
zone whereas the proposed
TP should be the support level
or demand zone.
P.S.This is an educational assessment and guess work and not trade recommendation.
Please Like, Subscribe and share for more Trend Analysis and Chart Assessments.
the price action is expected
to honor and return to demand
zone to complete the pattern.
Chart assessment suggests
trade opportunity short
with entry at present
market level, SL just above
the resistance level or supply
zone whereas the proposed
TP should be the support level
or demand zone.
P.S.This is an educational assessment and guess work and not trade recommendation.
Please Like, Subscribe and share for more Trend Analysis and Chart Assessments.