Observation and market mapping after the Opep & Corona Black Swan events:
=> Trend medium term investors in H4 broke
=> Trend medium term investors in daily broke
=> Trend medium term investors in weekly broke
Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of the supply zone = Cloud), the daily closure won't back above 7.2k$.
There is no more supply zone below 4.4k$. If it closes above in weekly, the next targets will be self fulfilling support from past cycles.
Gl
=> Trend medium term investors in H4 broke
=> Trend medium term investors in daily broke
=> Trend medium term investors in weekly broke
Assessment done yesterday: The gap between the last supply zone and ascending trend and the weekly medium term investor was 4.8k$ to 7.2k$ (for the top of the supply zone = Cloud), the daily closure won't back above 7.2k$.
There is no more supply zone below 4.4k$. If it closes above in weekly, the next targets will be self fulfilling support from past cycles.
Gl
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