After retracement, price goes upside and is close to previous H(9/22)
but the upward momentum has slowed down
and it is close to HTF supply zone( is given on chart) which is also 8 years high
If the price goes up to supply zone
and bearish signal appears, consider entering the short position
SL: 145.8
TP1: 143.03
TP2: 142.60
TP3: upper edge of the demand zone which is141.1
(short is still against the current trend, please evaluate carefully)
all are personal opinions, not investment advice.
any suggestions and feedback are welcome!
but the upward momentum has slowed down
and it is close to HTF supply zone( is given on chart) which is also 8 years high
If the price goes up to supply zone
and bearish signal appears, consider entering the short position
SL: 145.8
TP1: 143.03
TP2: 142.60
TP3: upper edge of the demand zone which is141.1
(short is still against the current trend, please evaluate carefully)
all are personal opinions, not investment advice.
any suggestions and feedback are welcome!