I have mapped out RED confluence zones where price can reverse short term. These zones are also known as Daily Demand and Supply Zones.
I believe price will continue its downtrend within the Trends lines mapped out in black. There is also a dynamic trend line that has so far been respected which is the Green 21 SMA.
Price is currently in a RED Supply Zone and also touching the 21 SMA. There is strong potential for price to drop.
I am just waiting for some confirmation from the 4hr candles.
Perfect, great trade set up,
I agreed with your trade set up.
tradingview.com/v/FJykO0V8/ my analysis closed +80Pips
Fiiyat
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Congratulations I am very happy for you!
No_more_Post
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Thanks Sir
Fiiyat
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and thank you :)
rsniknik60
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Good afternoon. My name is Nicholas. I just started to learn the trade on the exchange. I liked comments. Can I ask you to write me in PM: rsniknik60@mail.ru
Fiiyat
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Hello there :)
How can I help you?
rsniknik60
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Hi! I think I got a little excited. It will be difficult to communicate in different languages.:-)
I agreed with your trade set up.
tradingview.com/v/FJykO0V8/ my analysis closed +80Pips