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From the last analysis we were looking to go long and that's exactly what we got.
Now, we are currently at a supply zone that is fresh and is the first time getting tested.
To me there are two scenarios, we respect that zone and back down to the demand zone OR we break it and head higher to the next major supply zone.
Both are possible scenarios so watch out for price action.
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
From the last analysis we were looking to go long and that's exactly what we got.
Now, we are currently at a supply zone that is fresh and is the first time getting tested.
To me there are two scenarios, we respect that zone and back down to the demand zone OR we break it and head higher to the next major supply zone.
Both are possible scenarios so watch out for price action.
THIS IS ONLY MY OPINION AND SHOULD NOT BE TAKEN AS INVESTMENT ADVICE
