Price took a big drop on Friday for the USA NFP. Its currently in a Demand zone and has also created a lower low. Within the range we have an overbought signal. Looking for price to climb above the demand zone then retest it. This can be a short term long position. Next stop, I am looking for price to retest the Supply zone which is quite heavy. At that time, I am looking for a rejection for a short to the structured Fib level.
Note: This is not trading advice; trade at your own risk....
Note: This is not trading advice; trade at your own risk....