EURCAD Supply Zone Opportunity
Updated
Strong Supply Zone on the M30. Confluence with H1/H4/D1. Looking to sell and cover at 3:1. Possible to extend target to 4:1 and exit before reaching a potential Demand Zone.
Comment
With the two strong moves away near the Supply Zone the unfilled orders have decreased thereby lowering the probability of this zone holding.Comment
Exited at BE after price reached 1:1 then retraced to zone.
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