Reversal or continuation pattern if it occurs on the S/R level? What do you think?
WEEK chart shows that cute impulse down. I expect that price will go down step by step till the daily demand zone coming from the september.
Pin bar. No more buyers, sellers stops are hunted, should we expect move down?
i'm expecting that price goes down to weekly demand zone. after that i will look for long opportunities.
Supply zones are so close. I guess there are so cute chances for being trapped? I expect short, but how far???
1. Break out 52 week high price 16.71 2. Previous gap, long bars, high volume. Expecting: long position.