Strong uptrend before → making higher highs.
Then a sharp bearish correction (multiple red candles).
Price is now reacting at a previous demand zone
3965 – 3935 → Main reaction zone (you marked correctly)
3888 – 3878 → Deeper support (last defense zone)
Then a sharp bearish correction (multiple red candles).
Price is now reacting at a previous demand zone
3965 – 3935 → Main reaction zone (you marked correctly)
3888 – 3878 → Deeper support (last defense zone)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.