SUPPLY AND DEMAND / PARALLEL CHANNEL

In this analysis we are focusing on M30 time frame. Here we have parallel channel, which shows market internally structure was bullish. If market price come back and retrace the (2406 - 2400) key level zone than after confirmation we look for buy. And the target is set at 2430. If there is no retracement and market will directly move upside then we will wait, when market will touch our POI zone then we look for sell. let's delve deeper into these level and potential outcome.

KEY LEVEL OF POI ZONE: 2428 - 2432

RETRACEMENT AREA KEY LEVEL: 2406 - 2400

Trade active

Trade closed: target reached:

Level completed.

Trade active:

If market price reject this 2430 key level toward upside than we look for buy.
If market price break below this 2430 key level downside than after confirmation we look for sell.

Trade active

Trade closed: target reached

Trade closed: target reached

Trade closed: target reached

Trade closed: target reached