200MA invalidated my original P2 Theory on smaller TF of 45M. MA acted as support to hold price in the key 1700s supply zone. (So i'm still yet to take any positions)
The temporary purple supply zone at 1723 has become a respected level for both buyers and sellers. A lot of consolidation / sideways price action seems to have built up around this level. With...
just a quick update on this and its looking good so need to stay patience and lets wait for the right time with this one, there's a few outcomes along the way and we need to adjust with the markets as well!!
this can always break and still go down if so i will update this idea