I'm analysis with support & resistance for easy to show the supply and demand.
!st, the price now are in the second highest point. So if it break out the resistance then we can buy it for TP 1000 pips, SL 200 pips.
But if it formed a bearish rejection then we can make it sell for TP 1000 pips, SL 200 pips.
!st, the price now are in the second highest point. So if it break out the resistance then we can buy it for TP 1000 pips, SL 200 pips.
But if it formed a bearish rejection then we can make it sell for TP 1000 pips, SL 200 pips.