In the 4-hour time frame, there is a retracement in progress, while the 15-minute time frame shows an uptrend forming. Following this logic, the price is expected to rise back to the Supply zone of the 4-hour time frame.
Note
when the price rises to the SUPPLY zone for 4 hours. Then the price dropped sharply back to the 4h DEMAND zone.
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.