Supply Zone Holds The Price Down

On the daily frame, the price touched the 200 Simple Moving Average on the daily frame and dropped down with respect to the supply zone.

On the 4 Hours frame I am still waiting for a clear head and shoulders or double top pattern to be shaped before the price breaks the nick line and drops down.


DO NOT ENTER THIS TRADE WITHOUT PROPER RISK MANAGEMENT, YOU ARE RESPONSIBLE FOR YOUR TRADES

Chart PatternsTechnical IndicatorsWave Analysis

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