- Sitting in the monthly demand zone - Can give a positive reaction if buyers turn up - 200 weekly MA is just 4% below the monthly demand zone. Hence, we may see a deviation as well. - HTF structure is bullish
Disclaimer:This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers! Rajat Kumar Singh (johntradingwick) Community Manager (India), TradingView
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Played extremely well. 38% up from the demand zone. It should continue to move higher towards ATH.