Journey towards daily demand zone
Updated
Price showed a strong bearish movement with the help of the strong NFP result for USD last Friday, and I expect the bearish movement to continue till the 1.0688.
Price closed as with a strong bearish presence on daily TF which confirms price intentions for me.
On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't seen a rejection yet, and I believe the demand zone would break and make a new low before Price pulls back.
I expect little pullbacks to occur but I would advise against buying at this point, and just look for selling opportunities towards 1.0688
RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Price closed as with a strong bearish presence on daily TF which confirms price intentions for me.
On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't seen a rejection yet, and I believe the demand zone would break and make a new low before Price pulls back.
I expect little pullbacks to occur but I would advise against buying at this point, and just look for selling opportunities towards 1.0688
RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.
Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Trade closed: target reached
Pips banked 🤑😍✔
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