The 1.7798 and 1.6785 price region has been the range for price movement in 15 months of study. while the 1.7798 region has rarely been tested with the market structure indicating the willingness of the bears to push price downwards and break the demand zone at 1.6785, price is expected to be rejected again and the market direction changing while the bears once again regain control of the market with price approaching an area of supply with the clean highs at 1.7598
this price zone presents the right opportunity to join the bearish run. Manipulations are expected at the supply zone with the big players expected to build orders at this price point and run stops.
this price zone presents the right opportunity to join the bearish run. Manipulations are expected at the supply zone with the big players expected to build orders at this price point and run stops.