2 areas I'm looking to take a sell

12 Ağu 2022

I have highlighted 2 areas of fresh supply where we could see a reaction and continuation lower. Note, there is also a large area of imbalance following the recent sell off. I have lower risk sell limit set at the first area and alerts set. Any good reaction and lower time frame entries and I'm shorting.

We have just tapped into an area of weekly demand, so you never know, we could start and see some accumulation form on the daily chart. (See image below)