Getting Ready To SELL On Approach To This Level....

This pair has just popped a new HIGH on the Monthly charts and took out a previous MONTHLY SUPPLY SELL zone and looks like it has it's sights set on the 1.50 price level which sits nicely inside a MONTHLY SUPPLY/SELL zone which starts around 1.48 which is marked in red on the chart.

Inside the Monthly level sits a nice WEEKLY SUPPLY/SELL also which is around the 1,50 mark this where I expect sellers to come back into the market.

I will use my TRFX indicator to start to look for a daily sell signal as price moves above the 1.48 mark target for this trade will be the newly formed DEMAND/BUY level which is around 1.43.

This is a great swing trade idea will keep you updated when I get the entry trigger happy trading.