Green- Origin of Price movement (Lower one),
Orange-Weekly Demand Zone,
Blue- Minor Support zone,
Red- Major Supply Zone (But may not be Authentic as they are formed in shadow of other supply zone)
The orange line can provide a good support and demand as it has broken the previous consolidation
and took price to another ATH. The Price should move up and do-little consolidation before further move
Orange-Weekly Demand Zone,
Blue- Minor Support zone,
Red- Major Supply Zone (But may not be Authentic as they are formed in shadow of other supply zone)
The orange line can provide a good support and demand as it has broken the previous consolidation
and took price to another ATH. The Price should move up and do-little consolidation before further move
Disclaimer
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.
Disclaimer
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.