Hello everyone,
I am looking for eurjpy buys only because on the 15 min chart, price decided to take out EQL's to go long thus creating a big bullish move which has been marked in yellow and annotated.
Price than made this wedge liquidity zone where both EQL's and EQH's are present so we believe outside of this range is where the liquidity actually is.
4hr and 15 min demand zone is still untouched so we're looking for the buy around the 171.185 area to be precise.
I will be putting up screenshots as well so that it makes sense.
I am looking for eurjpy buys only because on the 15 min chart, price decided to take out EQL's to go long thus creating a big bullish move which has been marked in yellow and annotated.
Price than made this wedge liquidity zone where both EQL's and EQH's are present so we believe outside of this range is where the liquidity actually is.
4hr and 15 min demand zone is still untouched so we're looking for the buy around the 171.185 area to be precise.
I will be putting up screenshots as well so that it makes sense.
Note
15 min TF on why I believe a buy might occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.