EURUSD Supply & Demand Daytrading
1st. EURUSD 4H we are in down trend /overall bias is bearish /
2nd. Expecting price to break from this channel /price got spiked and took significant amount of liquidity on last LH/
3rd. On 15M we got break of structure forming new LL and expecting price to retest that level and fill that void below.
4th. Entered with limit order at bottom level of supply area, target is swing low on 15M.
2nd. Expecting price to break from this channel /price got spiked and took significant amount of liquidity on last LH/
3rd. On 15M we got break of structure forming new LL and expecting price to retest that level and fill that void below.
4th. Entered with limit order at bottom level of supply area, target is swing low on 15M.
Trade closed: stop reached
Note
looking for another entry level for shortTrade active
Entry: 1.00253TP: 0.99321
SL: 1.00336
Note
Update SL: 1.00385
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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.