Price approaching demand area to close the gap.
Looking for rejection at this region ($86-$90).
TP1 around $120.
If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.
Looking for rejection at this region ($86-$90).
TP1 around $120.
If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.
Note
It did reject the lower demand area and climbed back. Took time of course.Disclaimer
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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.