Previous supply zone has been tested and accepted. Preference remains long on retracement.
Possible Scenarios are considered: 1) Continuation of uptrend for long on retracement 2) Temporary short opportunity on rejection of channel supply line.
Weekly: Ave vol up bar = minor strength Daily: Ave vol up bar = minor strength H4: High vol narrow spread = weakness
Price reaction levels: Short = Test and Reject | Long = Test and Accept
4368 4303 4204 4071 3950
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