Supply Zones and Demand Zones
Good day Team
I hope you all are well.
Paper Trading I do not have money like you rich people on here. Lol :-)
Here we have POLYGON on the day chart, it seems the currency is in a supply zone close to a resistance and last candle was a long wick candle indicating a struggle between buyers and sellers. RSI looks like it is reversing from the overbought area. We theorized a possible pull back to one of the DZs (demand zone) below. Let's watch these candle prints and be very careful. Have a great day!
I hope you all are well.
Paper Trading I do not have money like you rich people on here. Lol :-)
Here we have POLYGON on the day chart, it seems the currency is in a supply zone close to a resistance and last candle was a long wick candle indicating a struggle between buyers and sellers. RSI looks like it is reversing from the overbought area. We theorized a possible pull back to one of the DZs (demand zone) below. Let's watch these candle prints and be very careful. Have a great day!
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.
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.