I have explained the expected movement on chart but final confirmation must be from Orderflow Analysis. I will be looking for trapping and absorption in circled area.
Note
Not till 18th, I think we have to wait till 22nd Jan 2024
Note
My expectation was that the price would drop to the demand zone, and I was right—the price fell well till 2015, I earned good.
Note
I am Long since 2015, going to hit 2040, Book more than half.
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.