Hello Traders!
On EURUSD we can see the price between two daily Supply Demand Zones. This are very powerful zones and we can simply trade this range.
The price already moved down from the Supply Zone and we may go up again to retest it and then we will see a continuation of the drop to the Demand Zone.
Recommendation:
For now I would only trade short and when we are at the Demand Zone we can take long position if we will have Price Action Confirmation.
Also if price will push higher now and we will not have the possibility to short it because of no clear Price Action Confirmation, then we will need to see if the price will break the Supply Zone and the take long position at the Retest of the Break Out.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
On EURUSD we can see the price between two daily Supply Demand Zones. This are very powerful zones and we can simply trade this range.
The price already moved down from the Supply Zone and we may go up again to retest it and then we will see a continuation of the drop to the Demand Zone.
Recommendation:
For now I would only trade short and when we are at the Demand Zone we can take long position if we will have Price Action Confirmation.
Also if price will push higher now and we will not have the possibility to short it because of no clear Price Action Confirmation, then we will need to see if the price will break the Supply Zone and the take long position at the Retest of the Break Out.
That was my Idea and I hope you liked it. Please leave a LIKE if you like the content. In the comment section you can share your view and ask questions.
Thank you and we will see next time
- Darius.
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✔️Instagram: instagram.com/dariusfxtrading
✔️ Telegram(german): t.me/dariusfxtrading
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