Hello to all traders!
The price in the above time frame is in a trading range!
The price is approaching the ceiling of the range while forming a reversal pattern!
Anyway, the price reaches the supply range (red line) and then falls to the demand range (pink range)!
Trade with caution!
Good luck ! ;)
The price in the above time frame is in a trading range!
The price is approaching the ceiling of the range while forming a reversal pattern!
Anyway, the price reaches the supply range (red line) and then falls to the demand range (pink range)!
Trade with caution!
Good luck ! ;)