This is the Weekly demand zone of the EURUSD futures contract.
We have a tremendous amount of downward pressure on the 1 hour trend and momentum.
I'll look for a trend reversal pattern on the lower timeframes to give me clues for a trend back up to the supply zone.
Remember to follow the TrendCloud trade plan and ensure everything is lined up across all 3 timeframes.
The link to this Trade Plan is in my profile.
We have a tremendous amount of downward pressure on the 1 hour trend and momentum.
I'll look for a trend reversal pattern on the lower timeframes to give me clues for a trend back up to the supply zone.
Remember to follow the TrendCloud trade plan and ensure everything is lined up across all 3 timeframes.
The link to this Trade Plan is in my profile.
Chris Juliano
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.
Chris Juliano
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.