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No Razzle Dazzle-- Just good Demand Zones.
These demand zones are the most likely places where price is out of balance and will turn around.
450-410. -Untested demand where we see days of consolidation in price then a large and rapid move out of that area.
360-310 - This is an area where Prior Resistance became Support. It is also the lowest price point since the January rally and remains untested.
210-190 - Small range candles (consolidation) followed by a strong move out of this area. Also, on a 4-hour chart you can clearly see a retest of this area before a strong move upward.
450-410. -Untested demand where we see days of consolidation in price then a large and rapid move out of that area.
360-310 - This is an area where Prior Resistance became Support. It is also the lowest price point since the January rally and remains untested.
210-190 - Small range candles (consolidation) followed by a strong move out of this area. Also, on a 4-hour chart you can clearly see a retest of this area before a strong move upward.
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