Countertrend long after heavy selling

We are still in downtrend, but still a lot of buy orders residing in the blue demand-area. Expect 50% FIB- rally from last high-low, followed by pullback to demand-area and then explosive upward move to upper supply.

Yorum:

I think I will use TradingView as my journal. I will do my analysis and backtesting and post every analysis as an idea here. I am not sure if I can upload several images, but if so, I can update my analysis in steps.