Since my previous analysis, everything has played out as i projected, our short position just hit our trailing SL in profit after securing partials +68% using 20x lev. I hope some of you managed to capitalise on the the analysis posted here. ✅
Now we can identify price has bounced from our 4H demand zone and potentially formed a HL, from a 1H perspective the bounce from demand was strong and we have made a BOS above the previous swing high, if now the market retraces and forms another LH we can expect the market to move back up to the Daily supply zone, where then the market faces strong resistance.
Now we can identify price has bounced from our 4H demand zone and potentially formed a HL, from a 1H perspective the bounce from demand was strong and we have made a BOS above the previous swing high, if now the market retraces and forms another LH we can expect the market to move back up to the Daily supply zone, where then the market faces strong resistance.