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Euro / U.S. Dollar
Short

EURUSD inside the zone of supply

By VasilyTrader
Updated
snapshot

After a strong pullback from new lower low,
the market is finally approaching a wide zone of supply.
for traders, who took long trades it is time to close their positions with profit
and look for short trades.

I am also will look for a short trade within this area,
however, I will let the market go bit higher until I see RSI divergence.
Note
If 4hour candle closes above the zone
Setup will be invalid
Note
Strong rejection
Chart PatternsCurrenciesdollarEUReuroEURUSDForexTechnical IndicatorsTechnical AnalysistradingTrend AnalysisUSD
VasilyTrader
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