owlswift_fx

Journey towards daily demand zone

Короткая
owlswift_fx Обновлено   
FX:EURUSD   Евро / Доллар США
Price showed a strong bearish movement with the help of the strong NFP result for USD last Friday, and I expect the bearish movement to continue till the 1.0688.

Price closed as with a strong bearish presence on daily TF which confirms price intentions for me.
On the 4hrs TF, Price is currently within a demand zone which should push Price back up but I haven't seen a rejection yet, and I believe the demand zone would break and make a new low before Price pulls back.

I expect little pullbacks to occur but I would advise against buying at this point, and just look for selling opportunities towards 1.0688

RIsk Management is advised
I would love to hear your thoughts 🤔 on this, so feel free to leave a comment ✍.

Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕

Сделка закрыта: достигнута тейк-профит цена:
Pips banked 🤑😍✔

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.