EURUSD long or short - Supply Demand Liquidity
Price moved very nice on the EURUSD. We can see that price previously failed to move up higher and created this Triangle pattern. The majority traded this like a Pattern and not from a Liquidity Concept.
Price dropped to the downside right into the Demand Zone and started pushing up higher to get the liquidity which remained above the triangle pattern.
Now currently price is about to move into a Supply Zone. Therefore my expectations are that the price will continue pushing higher before at some point within the Supply Zone it will start dropping.
Another possibility is that the price will soon reverse due to this inefficient price. The market move to strong to the upside, therefore it will need to give us a corection
What do you think?
Price dropped to the downside right into the Demand Zone and started pushing up higher to get the liquidity which remained above the triangle pattern.
Now currently price is about to move into a Supply Zone. Therefore my expectations are that the price will continue pushing higher before at some point within the Supply Zone it will start dropping.
Another possibility is that the price will soon reverse due to this inefficient price. The market move to strong to the upside, therefore it will need to give us a corection
What do you think?
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✔️ Telegram(german): t.me/dariusfxtrading
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