Price Drops To The Demand Zone

As I mentioned in the post in the post of 23rd of September that If the neck line is broken then price will drop to the demand zone.

The price is now inside the demand zone after it crossed the neckline with daily candles.

Bellow we have a (Demand Zone 2) available in case if the downtrend shows some extension.

If a reversed head & shoulder or double bottom pattern is shaped in one of the two demand zones then wait for the price to break the neck line to buy accordingly.

Have a nice weekend