$DATA on zero demand

15 thg 8

It is clear that the accumulation phase that has occurred since the first week of trading in July 2024 seems to have just finished and now an empty demand zone has been created and will be abandoned by further price movements to find a new demand zone, which is currently at the first resistance as the supply area the nearest one (R1) is 392 to continue to the next supply area (R2) at 466.

There is a strong pin bar to mark the end of accumulation i.e. inverted hammer (arrow)