MN W: Side way, D: Downtrend.
Demand zone of MN, W, Daily was accumulated, and price are moving to the demand zone of daily. When price hit the Dz, fibo was between 76.2 and 86. We can consider buying at this time with a reversal signal with high R:R. Don't forget risk management.
This analysis using MTF, Supply and Demand, Fibo, PA and channel.
Hope you like this.
Demand zone of MN, W, Daily was accumulated, and price are moving to the demand zone of daily. When price hit the Dz, fibo was between 76.2 and 86. We can consider buying at this time with a reversal signal with high R:R. Don't forget risk management.
This analysis using MTF, Supply and Demand, Fibo, PA and channel.
Hope you like this.