Price rejected our green zone with large bearish momentum so we are looking for price to fall within 8900-8700, and then expecting a reversal from that level upwards.
As drawn higher lows are being formed on daily along with a break of a major trendline suggests bullish momentum.
The Bounce Zone is placed in line with the most recent swing low order block.
Be careful with your money. My predictions are not 100%.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.