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I've highlighted some key supply and demand (S&D) zones, as well as some key support and resistance (S&R) levels. Price has reached one of the S&D zones and shown rejection to the downside, so i've entered a buy. I'm hoping to catch a corrective move up before it ultimately goes back down into the bearish channel you see below. There are some fundamentals being released tomorrow which could impact this setup, so be aware of that.
Updates to follow, follow me to see them.
I've highlighted some key supply and demand (S&D) zones, as well as some key support and resistance (S&R) levels. Price has reached one of the S&D zones and shown rejection to the downside, so i've entered a buy. I'm hoping to catch a corrective move up before it ultimately goes back down into the bearish channel you see below. There are some fundamentals being released tomorrow which could impact this setup, so be aware of that.
Updates to follow, follow me to see them.