BOND facing supply xone again
BOND UPDATE: On 4hrs TF we can see that BOND is creating ascending triangle and again facing the supply zone…. From here there is two scenarios I will be looking at which are
SCENARIOS A; breakout from the supply zone and flip it to demand zone on 4hrs time
OR
SCENARIO B; we see a little pullback to the support trendline as it was just tapped twice and to make it a strong support trendline has to be tapped at least 3 times so there is possibility of a little pullback to it before we move higher….
In short, look for long when supply zone is flipped to demand zone on 4hrs TF… Keep in watch
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SCENARIOS A; breakout from the supply zone and flip it to demand zone on 4hrs time
OR
SCENARIO B; we see a little pullback to the support trendline as it was just tapped twice and to make it a strong support trendline has to be tapped at least 3 times so there is possibility of a little pullback to it before we move higher….
In short, look for long when supply zone is flipped to demand zone on 4hrs TF… Keep in watch
Follow for more market update
Can chat me up for trade setup
