Price reach a Demand monthly zone (blu line) and lose the down trend momentum.
If price reach the new Demand Weekly zone (red line) there are high odds than it rise fast again.
Long term scenario: about 500 pips! $$$
Buy low, sell high!
If price reach the new Demand Weekly zone (red line) there are high odds than it rise fast again.
Long term scenario: about 500 pips! $$$
Buy low, sell high!
Commentaire:
Weekly Demand is now in control, long positions has more odds