Price Respects The Supply Zone
The price is respecting the supply zone so far and it has created a couple of head & shoulder patterns on the 1 hour frame before it drops down.
Mean time it is retesting the zone again and in case another clear head & shoulder or double top pattern is shaped inside or even slightly above the zone then I expect the price to drop down to 0.90161
On the long run, if the support 0.90161 is broken then the demand zone will be waiting for the price where another pattern should make us decide to buy or not.
THIS IS NOT A RECOMMENDATION, YOU ARE RESPONSIBLE FOR YOUR TRADES AND RISK MANAGEMENT
Mean time it is retesting the zone again and in case another clear head & shoulder or double top pattern is shaped inside or even slightly above the zone then I expect the price to drop down to 0.90161
On the long run, if the support 0.90161 is broken then the demand zone will be waiting for the price where another pattern should make us decide to buy or not.
THIS IS NOT A RECOMMENDATION, YOU ARE RESPONSIBLE FOR YOUR TRADES AND RISK MANAGEMENT
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