Certainly see this pair bullish long run but with NFP we have left lots of imbalance behind to fill and tapped into this 4H unmitigated supply level with a handle of 1.24000. On the lower time frame I can all ready see a shift but going to wait for a further conformation to the downside of this zone once markets re open.
We tapped into a strong unmitigated 4H demand zone and we reacted of this nicely. Once we broke the smaller time frame supply that caused the recent shift to the downside into our 4H demand could not find a very clear zone to trde of so took this 30 min demand level covering the lows.
Following GU and EU bullish intensions we could see possible downsides to UJ. We have just tapped into this long lost 4H supply that was the supply that dropped PA from UJ's all time high and was left unmitigated. We have had a further break to the downside but as there is a extreme supply above i like to target we are going to wait for a smaller time frame...
On the higher time frame that I will upload after this we have failed to tap into our 4H extreme supply and swept liquidity. Coming into the lower time frames we have had nice PA of our 4H demand we looked for price to react with. Having broken structure to the upside on the lower time frame taking our last supply that caused are shift to the downside into our 4H...
Lovely trade executed today with a clean break of structure to the down side we created this nice 15 kin supply zone that was left unmitigated and the cause of the recent break. Once we had this clean break markets engineered this liquidity to be swept around 182.000 creating a fake supply and gave extra confluences for our extreme supply above.
Now we seen that reaction to the downside not any short positions left for my eye. Want to see if we can hold and respect this zone on the 4H to carry on our bullish momentum higher TF. Will look for conformation entries of this POI if we hold as this is our last unmitigated demand. Handle 1.05500.
Really clean unmitigated 1H demand with a handle of 1.06000. We also match up with our 50% fib level. Will be looking to enter hard of this zone come London session.
Not the cleanest of set ups this week but we could see another type of continuation trade here from our recent supply that caused our further break to the downside. Will wait for a conformation entry as we have a clean unmitigated extreme supply above.
We have been looking bullish on GU and EU after respecting major daily demand zones we have been slightly moving to a bullsih market. If we pull down before tapping into this supply zone above we could see nice longs up into the supply zone with this 2H unmitigated demand we can trade straight of.