The green supply zone has been satisfied. The yellow demand zone has been satisfied. Also note the weak volume profile associated with the yellow zone. We now have a supply zone notated by the teal zone which happens to fit nicely within the 38.2% and 50% FIB retracement lines. Could this move up, bounce around the 61.8 FIB line, them move into the teal / 50% to 38.2% FIB areas?
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