Do Not Buy, Wait For The Supply Zone

The price is respecting the demand zone and ranging in it since February 2021.

On the daily frame I see that (If) the price goes up and reaches the (supply zone1) then we should be waiting for a clear head & shoulder or double top pattern to be created inside the zone to sell after the neck line is broken.

If price goes ignores the first supply zone and goes higher then we should be waiting for the pattern to be created inside the (supply zone 2) to sell after the neck line is broken.

IN CASE IF THE CONDITIONS ARE FULFILLED THE SELL ORDERS SHOULD BE OPENED WITH PROPER RISK MANAGEMENT. BE VERY CAREFUL CUZ YOU ARE RSPONSIBLE FOR YOUR TRADES


Chart PatternsEURNZDTechnical IndicatorsWave Analysis

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