Observation and market mapping after the Opep & Corona Black Swan events:
=> Trend medium term investors in H4 broke
=> Trend medium term investors in daily broke
=> Trend medium term investors in weekly broke
Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of the supply zone = Cloud), the daily closure won't back above 7.2k$.
There is no more supply zone below 4.4k$. If it closes above in weekly, the next targets will be self fulfilling support from past cycles.
Gl
=> Trend medium term investors in H4 broke
=> Trend medium term investors in daily broke
=> Trend medium term investors in weekly broke
Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of the supply zone = Cloud), the daily closure won't back above 7.2k$.
There is no more supply zone below 4.4k$. If it closes above in weekly, the next targets will be self fulfilling support from past cycles.
Gl
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.