This analysis is an update of the analysis you see in the "Related publications" section
In the previous analysis, we mentioned that the price bounced upward from either Demand 1 or Demand 2.
Considering that the trigger line was broken with a valid candle, it seems the orders in Demand 1 were sufficient to push the price upward.
As long as the new demand zone holds, we expect the price to move toward the orange box.
The orange box appears to be a strong resistance zone, and we will definitely see a reaction there.
Letâs wait and see what happens.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You