Price has tapped into a multi-year demand and rejected cleanly. (Yep, that's basically it. No other reason). It is possible that it could rally up to 12 and maybe 15+. Not financial advice.Do your own DD.
Although price is a tad bit high up on the curve, it is reasonable to expect.some amount of upswing from.marked zone. Price is in an established uptrend so we can expect it to hold till proven wrong. Levels on chart, target can be open. Do your own DD as always.
Bullish on Bnf as long as daily low at 29700 holds. Bnf at a demand zone seen on the daily chart. waiting for price to accumulate before breaking previous swing highs . If 32000 breaks, can look to long at a demand zone formed on the move that broke structure to the upside.
Price has tapped into a demand zone, broken structure and retracing to the point of interest (Orderblock-OB). Levels on chart.
1. Expecting the bullishness on the weekly to last a bit more. 2. Daily has been forming a downward trending structure that seems to be slowing down. Could shift to the upside if 108.400 holds. 3. Demand zone on the 4H has been marked. 4. Noticed trendline being formed. This could be taken out for the liquidity below it. (This action could be seen as...