The daily and 4 hour trend is down but is approaching a Fresh Demand Zone. The overall move away from this area was a battle that form a large channel (daily) which means that there was both large participation from the buyers and sellers. This area was that starting point.
The approach on the 4hour kind of sucks. I will be waiting for the trendline to break so I can confirm a Demand area
The approach on the 4hour kind of sucks. I will be waiting for the trendline to break so I can confirm a Demand area
Order cancelled:
Structure broken