Price reacted from a Monthly Supply Zone forming a Change of Structure on Weekly
Price had a retracement and is now in a Supply Zone on Weekly
From here we can have the continuation of the bearish trend on both Weekly and Monthly
4h Chart Analysis:
Inside the Weekly Zone, the market had a Change of Structure which indicates that is more probable to continue the weekly trend
Targeting Imbalance and liquidity left below
15m Chart Analysis:
Price formed perfectly equal lows which acts as liquidity and can be taken out soon
I am expecting bearish movement from Supply Zones
*A Big Bearish Movement Can Happen During The News*
Not
Equal Lows got liquidated but I still expect a bigger move in like 10 mins
Not
Cool, now expecting the price to continue bearish from either of these 2 Supply Zones Keep in mind that usually there is liquidity above/below a news high.
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