price action + supply and demand . gbpcad

٣ نوفمبر ٢٠٢١

price is in a bearish channel and gave us a reversal at the bottom trendline pushing price to the upside , it then reacted to a 4hr demand zone @ 1.68938 , from my analysis I am expecting price to go long to a 4hr level on interest @ 1.69805 which started as 4hr support level , it is a major level as price validated it as most moves happen at the level.