So price did not get back to mitigate the supply zone above but reacted on the 61.8 fib level.
However the second supply zone for me is valid cos price swept liquidity and then broke structure to the downside leaving a fresh supply which i will be looking forward to short this pair from. Meanwhile we still have to keep the first supply zone in mind. Entry only on confirmation.
However the second supply zone for me is valid cos price swept liquidity and then broke structure to the downside leaving a fresh supply which i will be looking forward to short this pair from. Meanwhile we still have to keep the first supply zone in mind. Entry only on confirmation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.