Thanks, dude.
Yea, patience often reaps more reward. Trade safe and have a great week ahead
checking again in different angle , good for longers though & if can do with care no problem .
The level price hit & bounce last week seems a tertiary level supply area/support in monthly , weekly & even daily level but pic monthly for better views.
and so price may react up very likely but without the support of the base ,the ultimate or intermediate supply may not stand long time .
so ultimately should sort support to the next supply zones.
Again this level also at the ltl monthly when taken at price close.
Another thing , in daily , the bullish candle with a big wick bottom apparently a bullish hammar but not fit properly though due body not relatively smaller , wick size not double or more than body ,close of the candle went much above the open . even though it represent buyers in action & can go higher to some extent & as previous candle having smaller wick next candle should be a bull .
Same way the next week can end as a bull but substancial fall to the next supply area may happen before that.
Anyway the reaction can be enough to take a trade.
Not understand?better not follow my analyses!doubt clearer first, risks ++
? will find out in few hours...
