So what I forecast: the old demand zone the left was strong which broke the strong supply zone with a nice rally to the upside 1.25xxx ( potentially taking SL above 1.24xx). The newest trend line which I draw on the rally was broken also taking out two zones on the uptrend line ( first zone and second zone). When the market dropped from 1.25 projected till 1.24xxx( old strong supply zone) and bounced from this location and corrected itself until 6.18 fib. Then with a 6.18 fib, the extension targets are 138 to 161 which is highlighted as soon as that level is taken the market will bounce back to 1.24xx old supply zone respecting our new trend line ( downtrend) and the project to old strong demand zone 1.14 1.11 xxx. Lets how this goes. after all, always be prepared, you never know!!!!!!
Trade at your own risk, this is for information purpose only
Trade safe, stay safe.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在
使用条款阅读更多信息。