Possible EURUSD short off D1 supply zone
EURUSD "IF THEN" scenario
IF price rallies to the D1 drop base drop institutional supply zone which was responsible for eliminating the Weekly DZ, I am setting a pending order with
1/1 RR
Check the snapshot of the CFTC COT report orders for EURUSD since the beginning of the year.
Noticing the numbers for the last 2 weeks, it seems that a shift in positions will occur sooner rather than later
Stay green
IF price rallies to the D1 drop base drop institutional supply zone which was responsible for eliminating the Weekly DZ, I am setting a pending order with
1/1 RR
Check the snapshot of the CFTC COT report orders for EURUSD since the beginning of the year.
Noticing the numbers for the last 2 weeks, it seems that a shift in positions will occur sooner rather than later
Stay green
Note
SELL LIMIT order placedOrder cancelled
Canceled this position. The CFTC COT data shows that a move higher is possible
The Non Comms have added longs and shorts also.
Which tells us that a possible momentum shift may happen
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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.
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.